With 12 to 15% growth, life insurance industry in India should be a USD350-400 billion market place by 2020, according to a senior exec at Metlife.
During an interview with CNBC-TV18, MetLife executive vice president Maria Morris exuded confidence at the growth of life insurance industry in India.
![Banks Vs India's Life Insurance Industry](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201024%20416'%3E%3C/svg%3E)
Increase in FDI insurance cap to 49% in India
After a tumultuous journey over the past six years, the Insurance Bill 2015 was passed last March in India. The bill facilitates increasing foreign investment limits in the insurance sector from...
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