 "Representational image. Photo: iStock")
The insurance sector is growing at a rapid pace, particularly in the non-life segment. A recent focus on crop insurance would add to the momentum for three years at least, senior sector executives said at the Business Standard Insurance Round Table on Friday.
Consolidation is inevitable. But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale, the panelists said. This was because growth was so healthy that consolidation could be a distraction from reaping what was available naturally.
The panel comprised G Srinivasan, chairman and managing director
Consolidation is inevitable. But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale, the panelists said. This was because growth was so healthy that consolidation could be a distraction from reaping what was available naturally.
The panel comprised G Srinivasan, chairman and managing director
