India Needs More Insurance Companies: IRDAI Chairman Calls for Public Listings
IRDAI Chairman Debasish Panda has highlighted the urgent need for more insurance companies in India, stating that the current 70 players are insufficient for the country's 1.4 billion people.
Speaking at the CII Insurance and Pension summit, Panda emphasized the benefits of public listings for insurers, which can increase value for investors and policyholders. He noted efforts to attract more domestic and foreign capital to the insurance sector.
