Crisis management among many insurers

No less than six insurance companies in the private and public sectors have lost much of their management staff. The latter find it hard to bear ever-increasing pressure from shareholders to increase sales in a stagnant market.

With the expected increase in equity share for foreign investments in the capital of Indian insurers which rose from 26% to 49%, shareholders are seeking to increase the valuation of insurance companies by trying in particular to raise their turnover.
Among these insurers we note: India First Life Insurance, L&T General Insurance, Bharti Axa General Insurance, Tata AIA Life Insurance,