Improving underwriting discipline among psu’s to benefit non-life sector: Moody’s
MUMBAI: Moody’s Ratings said in a report that India’s insurance sector is likely to benefit from Govt moves to recapitalise and merge state-owned non-life insurers, as the measures aim to improve underwriting discipline, ease pricing pressures, and support long-term profitability amid strong economic growth and regulatory change.The report said large state-owned insurers have historically prioritised…
