Insurers face margin pressure amid rising competition, costs; rural protection gap persists: Report

Indian insurers are feeling the pinch from fierce price wars and increasing operational expenses. To thrive, they must manage capital wisely, focus on solid underwriting, and control costs. Technology and a shift towards protection products will be key to reaching more customers and rebuilding trust. Broader financial services also see growth opportunities in MSME lending and corporate banking.

Raccontata daeconomictimes.indiatimes.com