We are requesting the govt to allow Aadhaar-based KYC in insurance: Irdai chief6 min read . Updated: 19 May 2019, 09:39 PM IST
- Life insurance is growing at an overall CAGR of 10-12%, general at about 18%, and health insurance at about 40%
- Next revolution will be on AI and robotics; digital, biological and physical processes will get combined
It will be 20 years next year of the insurance industry opening up to the private sector. Mint’s Insurance Conclave 2019, held on 14 May in Mumbai, debated what the last 20 years in the insurance industry have been like in terms of laying the foundation for both life and non-life insurers and what changes the industry would possibly witness in the next 20 years.
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