why insurance companies in india tie up with abroad companies?

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why insurance companies in india tie up with abroad companies?

2006-07-17 16:54:13 · 1 answers · asked by Brajesh M 1 in Business & Finance ➔ Insurance

1 answers

The Indian Insurance Cos. tie up with foreign players as they require the necessary expertise and management required in this highly specialised business. Also it brings the capital for their venture.
Insurance is highly competitive and complex business, unless you have the required skills you cannot succeed

2006-07-18 00:21:37 · answer #1 · answered by apurav a 3 · 2⤊ 0⤋