QUESTION:sir please enlighten us with the current closing of 3 - TopicsExpress

QUESTION:sir please enlighten us with the current closing of 3 insurance business in India and their withdrawal from Indian market, its causes and impact on insurance sector. ANS: THERE IS no definitive reason for the same. but a company comes to india keeping in view certain profit target,once they find it difficult to achieve due to heavy regulations in india, these companies review their decision and they sell their stake to another company. business is always dynamic and this happens every where in world.

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