Best’s Market Segment Report: AM Best Maintains Negative Outlook on India’s Non-Life Insurance Market
SINGAPORE, May 5 (Bernama-BUSINESS WIRE) — AM Best has maintained its negative market segment outlook on India’s non-life insurance segment, citing insurers’ reliance on investment income to offset persistent underwriting losses as a key factor. The Best’s Market Segment Report, titled, “Market Segment Outlook: India Non-Life Insurance,” states that key lines of non-life…

