The new insurance regulator needs to press reset in the way this Rs 30 trillion industry is regulated.
The new insurance regulator needs to press reset in the way this Rs 30 trillion industry is regulated.
We need new road rules when the traffic volume and complexity changes. Financial markets are similar. India needs to distinguish between adviser and agent for mutual funds, insurance, pensions and other financial products.
Life insurance is destroying household savings in India. The regulators IRDAI and RBI are asleep at the wheel.