
COVID-19 impact on the insurance sector
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FY2020 was a challenging year for the Indian insurance Industry due to the introduction of a simplified direct tax structure, weak equity markets and COVID-19 impact at the end of FY20. Growth remains in single-digits.
Swapna Bhandarkar spoke with Nidhesh Jain, insurance analyst with Investec India on the latest trends and demystifying the sector for our listeners. COVID19 will see a serious change in the behaviour of people and savings rate may increase is what Nidhesh strongly believes.
Swapna Bhandarkar spoke with Nidhesh Jain, insurance analyst with Investec India on the latest trends and demystifying the sector for our listeners. COVID19 will see a serious change in the behaviour of people and savings rate may increase is what Nidhesh strongly believes.