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Life insurance industry needs foreign capital: Experts

Ashvin Parekh of Ernst & Young and P Nandagopal managing director and CEO of IndiaFirst Life Insurance, in an exclusive interview with CNBC-TV18 share their views on the Nippon-Reliance deal and its implication for the life insurance sector.

March 16, 2011 / 08:47 IST
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As Nippon Life Insurance Company signed a definitive agreement to acquire a 26% stake in Reliance Life Insurance, experts read this as a benchmark for the industry as a whole. Ashvin Parekh of Ernst & Young and P Nandagopal managing director and CEO of IndiaFirst Life Insurance, in an exclusive interview with CNBC-TV18

first published: Mar 15, 2011 12:57 pm

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