70 insurance players not enough for 1.4 billion people: IRDAI head
Insurance regulator IRDAI Chairman Debasish Panda said India needs more players in the sector as 70 players aren't enough for a 1.4 billion population. He further urged more insurance companies to go public. "Companies after a particular age should get listed...It will bring in more disclosure and transparency, and will bring value for policyholders and investors," he stated.