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Growth In India's Insurance Sector Linked To FDI Reforms: Sitharaman Tells Prudential Chair

  • The growth in India's insurance sector is linked to reforms in foreign direct investment policy, according to Finance Minister Nirmala Sitharaman.
  • Sitharaman mentioned the need to focus on reinsurance, third party insurance, and health insurance for further growth in the sector.
  • During her meeting with Prudential chair, Sitharaman highlighted opportunities in India's International Financial Services Centre and encouraged deeper engagement.
  • Vadera informed Sitharaman about Prudential's upcoming venture in the health insurance space in India and discussed investment and fund management opportunities.

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