A number of life insurance companies have plans of going public and raising money in the process. The norms for IPOs of life insurance companies in India have not yet been finalised and companies would be eagerly looking forward to the same.
Many life insurance companies have started businesses in India in partnership with global biggies. This helps the venture in terms of expertise in the insurance domain (which is very important) by bringing in the best practices from across the world where the partners have typically been present for decades together. It also helps the insurance venture in India to raise funds for starting up and further expansion.
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