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Life insurers seek fresh capital to scale up

Since 2001, life insurance companies in India have been investing based on the assumption that the foreign direct investment (FDI) cap would be raised from 26%, which will enable them to scale up their businesses

Since 2001, life insurance companies in India have been investing based on the assumption that the foreign direct investment (FDI) cap would be raised from 26%, which will enable them to scale up their businesses.

With the majority of life insurers in the country still making losses and needing regular capital infusion, some foreign partners have either called off the relationship or trying to leave Indian shores.

insurers data

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First published on: 13-06-2014 at 02:49 IST
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