India: Number of agents falls by around 5,000 over 12 months to March 2018

The privately held life insurance industry in India lost 23,500 individual agents in the financial year ended 31 March 2018 (FY2018), primarily due to their inability to meet targets. The insurers had 957,341 agents at 1 April 2017 that fell to 933,857 by 31 March 2018, reports Moneycontrol citing data from the Life Insurance Council.

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