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Indian insurance market has too many regulations: Expert

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Shaun Crawford, Ernst & Young L.L.P.'s global leader for insurance, hopes that the new Indian government will make it easier for the country's insurers to develop and sell better quality products, Business Standard reported.

Mr. Crawford said his main concern for the Indian insurance market is "too many regulations."

He said the market has seen many regulatory changes and there is a need for stability.

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