We believe that insurance industry really rides the growth potential both on the consumption and on the investments side. As the incomes of the people are growing, as the demographics remain young, there is more and more awareness of people to ensure themselves against risk. It is not just that there are new forms of risks that emerge with an evolving economy like cyber risks and so on. What the company will do is to continue to capitalise on these strengths and make it a stronger and stronger business proposition.Well with this IPO. we are actually making the shareholding even more granular and diverse so we are not really scouting for one large partner but a variety of investors who can really invest through the IPO.

Source: Economic Times September 08, 2017 10:47 UTC