💨 Abstract

The Indian insurance sector is projected to witness robust growth in the health and term insurance segments, as per a report by Nuvama. However, choppy markets may affect the sales of linked products. The report also indicates that the growth of credit-linked group protection could be hindered by weak credit and microfinance growth. Additionally, the negative economic variance is likely to impact Embedded Values (EVs) for Financial Year (FY) 2025.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖