The insurance industry’s gross direct premium income (GDPI) is likely to exceed Rs. 3 trillion by FY2025, up from Rs. 2.4 trillion in FY2023, according to ICRA rating agency. The market share of private insurers is expected to expand further ...
An option is a derivative contract that is bought and sold between two parties. The buyer of the contract has the right but not the obligation to exercise the contract, while the seller of the contract has the obligation to ...