DHFL to seek general insurance licence
Dewan Housing Finance Corporation plans to expand its footprint in insurance with a licence to conduct general insurance business. The one lakh crore general insurance business has turned profitable for many companies, which have been given pricing flexibility by the regulator after they bled for several years. “ We have learnt the ropes of general insurance business by being a distributor of general insurance products,” said Kapil Dhawan, chairman, DHFL.
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