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Premium growth, discipline to ease profitability pressure on insurers

Posted On: Jan. 19, 2023 9:20 AM CST


U.S.-based Moody’s Investors Service Inc. said the combination of premium growth and better underwriting discipline by Indian public sector players will ease profitability pressure on the insurance sector, Moneylife India reported. The profitability of insurers has come under pressure due to rising claims and reinsurance costs.