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The state-owned insurer has been using the surplus in its non-participating policy pool to boost its bottom line, with little real change in its financials.

A mix of favourable policies and high-rolling consumers in the Middle East is drawing a wide array of companies to set up shop in the region
Restrictive regulations and the lack of an ESG strategy have largely kept India’s biggest investor away from green investments.
With three tech-focused firms getting the regulator’s approval to venture into life insurance, it is hoped competition will heat up in a sector that has remained largely stagnant for over a decade.