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Distribution, deployment of capital key to Indian insurance sector's growth: Report

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A report by Confederation of Indian Industry and Ernst & Young L.L.P. has concluded that strengthening distribution network and identifying ways to deploy additional capital inflows from foreign partners are important for the growth of India's insurance sector, reported Daily News & Analysis citing the Press Trust of India.

The expected inflow of capital as a result of the recently amended insurance act must be utilized effectively to drive awareness and reach out to underpenetrated segments, the report said

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