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Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Competition hits general insurers

The non-life insurers had grown by 17 per cent to Rs 1.33 lakh crore in 2017-18 and had posted a growth rate of 32 per...

20 April 2019 12:58 AM IST