"Health (approx. 35 per cent of mix) can see pressure in its retail segment from rising claims frequency and elevated competition" the report stated.
The report indicated that India's non-life insurance sector is experiencing significant shifts, the health insurance segment may face challenges as healthcare costs continue to rise and more consumers claim their insurance, and insurers are grappling with increased payouts. This trend could squeeze margins and put pressure on insurers to find ways to manage costs while remaining competitive in the market.
Denne historien er fra August 25, 2024-utgaven av The Sunday Guardian.
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Denne historien er fra August 25, 2024-utgaven av The Sunday Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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