According to managing director Anup Rau, Future Generali India Insurance has been profitable since 2014, but shareholders will ultimately decide whether the company will be listed on exchanges. Future Generali India Insurance Company Limited is a joint venture between the Generali Group, which holds a majority 74% stake, and the Future Group. Rau noted that India remains the most attractive market for insurance companies, with the premium for the general insurance sector forecast to grow 20% in the next few years. Meanwhile, the private insurer announced the launch of its new health insurance product, DIY Health, which offers flexible coverage options based on customers’ needs. The comprehensive product includes a base plan with 17 features and 20 additional modular features that customers can modify annually. The company seeks to raise awareness and encourage adoption of the new product through its online distribution channels and distributors.
Shareholders to Decide on Listing for Future Generali India: MD Gives Latest Update
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