Belgian insurer's JV unit predicts annuities boom in India
The expected growth in annuities could influence the investment profile of insurer portfolios, the CEO of Ageas Federal Life Insurance tells AsianInvestor.
The annuities business is set for a big boom in India over the next few decades, which could influence investing patterns of insurance companies, the chief executive of the Indian unit that is majority owned by a Belgian insurer told AsianInvestor.
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