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India: Insurance regulator calls for increased focus on agriculture insurance

February 10, 2014 - 6:00am

T.S. Vijayan, chairman of the Insurance Regulatory and Development Authority, said India's insurance market should step up its focus on agricultural insurance products and their distribution, reports The Hindu Business Line.

Mr. Vijayan said there is a bigger scope for expansion in the segment.

He said "brokers may focus on agriculture, allied sectors and disaster management insurance products being aided by geometric and remote-sensing technologies."

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