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What is Evolution of India about?

This document discusses changes in the Indian insurance sector after the passage of the Insurance Regulatory Development Act in 1999. It opened the sector to private and foreign companies. New distribution channels have emerged like direct sales forces, bancassurance through banks, corporate agents, brokers, telemarketing and independent advisors. Insurance companies now offer diverse innovative products and improved services. Foreign investment is currently capped at 26% under regulations, but this may cha

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