Antony Jacob (for Info only, not official)

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Antony Jacob

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    ...This has redefined the insurance sector, allowing common people to have adequate financial cover at reasonable cost. A developed and evolved insurance sector is a catalyst for economic development of a country. It provides long-term funds for various developmental activities and simultaneously strengthens the risk-taking ability of the country. Strong insurance IPO pipeline This year is a landmark year for the Indian insurance sector as a spate of initial public offerings (IPO) are expected from leading insurance companies, with at least 5-6 in advanced stages of hitting the bourses. Irdai’s move to relax capital raising norms last August (allowing insurance companies over 10 years to go public), has pushed many companies to tap Indian capital markets. ...

    Live Mint on Oct. 9, 2017, 5:18 p.m.

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    Short extract

    ...This has redefined the insurance sector, allowing common people to have adequate financial cover at reasonable cost. A developed and evolved insurance sector is a catalyst for economic development of a country. It provides long-term funds for various developmental activities and simultaneously strengthens the risk-taking ability of the country. Strong insurance IPO pipeline This year is a landmark year for the Indian insurance sector as a spate of initial public offerings (IPO) are expected from leading insurance companies, with at least 5-6 in advanced stages of hitting the bourses. Irdai’s move to relax capital raising norms last August (allowing insurance companies over 10 years to go public), has pushed many companies to tap Indian capital markets. ...

    Live Mint on Oct. 9, 2017, 5:18 p.m.

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    ...A growing GWP in health insurance premium is aiding the growth of this segment but India still has a long way to go to ensure health coverage for every citizen. One of the key developments in 2016 was that the insurance regulator introduced regulations for issuance of electronic policies and submission of electronic proposal forms of insurance policies. From technology adoption to enhancement of customer experience and to product innovation with an emphasis on wellness services, health insurers have been working towards more comprehensive offerings. Standardization and simplification endeavours by the regulator, innovations by insurers and in the light of the recent changes in the economy, 2017 promises to bring in an upward thrust to the industry. ...

    Live Mint on Feb. 20, 2017, 5:11 p.m.