COVID-19 IMPACT: HEALTH INSURANCE BUSINESS ON CLOUD NINE SAYS IRDAI MEMBER

Highlights

• Total 500 insurance products were launched in last 20 years but since March, the IRDAI has approved 130 new products

• As per the IRDAI, the dominance of health segment will increase by the end of the year 2020

There are very few sectors that have managed to stay profitable in the times of COVID-19 and the insurance sector is definitely one of them. In fact, the insurance business in India h....