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Additional tax incentives and simple products are key to insurance industry, according to a survey of the Confederation of Indian Industry (CII).
The study, India Insurance Vision 2025, done by McKinsey for CII, was formally released by TS Vijayan, Chairman of Insurance Regulatory and Development Authority of India (IRDA), here on Thursday.
The industry has a potential to reach $250 billion mark by 2025, it said.
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