Insurance sector: Facing challenges

There is a lack of awareness about the insurance sector but it has a lot of attractive and interesting propositions to offer. Amendments have been made to the Insurance Act, 1938.  Foreign investment ceiling in insurance companies has been increased which will boost job opportunities and growth potential. But, talent retention is a challenge in this sector. Economic and regulatory changes have affected this sector. This led to companies adopting short term policies over long term ones. It is also predicted that salary structures would increase slowly with average increment levels at 8% for the current year. Read more at:

http://info.shine.com/article/talent-retention-is-a-big-challenge-for-insurance-firms/8814.html