Insurance players expect reform
The Left is gone, but not the UPA government at the centre and so the reforms buzz is getting intensified. In insurance, especially, where players are expecting the government will now hike the FDI cap to 49 per cent from the current 26 per cent. After ICICI and Prudential, now Analjit Singh, Chairman, Max India Ltd, says his insurance partner Max New York Life is equally keen to join the party.
