ReferIndia News Taming Costs: A New Era for Insurance Profitability

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Taming Costs: A New Era for Insurance Profitability

Published on: Feb. 25, 2026, 11:05 p.m. | Source: Devdiscourse

The insurance sector is urged to lower acquisition and management costs to boost profitability and make offerings affordable. Highlighting the need for health insurance solutions for the 'missing middle,' IRDAI member Deepak Sood emphasized compliance reforms, customer-centric products, and improved accessibility to enhance sector penetration by 2047.

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