Know How FDI Helps In Insurance

The public sector insurance companies have continued to dominate the insurance market, enjoying over 90 percent of the market share. FDI is the process whereby residents of one country acquire ownership of assets for the purpose of controlling the production, distribution and other activities of a firm in another country. Higher foreign limit in insurance could unlock value, according to a report by Goldman Sachs, a global investment bank, says yahoo.com.

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