India's new insurance playbook

Discover how India is reshaping its insurance landscape with the Sabka Bhima Sabki Raksha Bill, shifting toward a principles-based regulatory framework. Delve into capital rules aimed at attracting foreign investment and enhancing market participation. Explore the challenges of low insurance penetration and the reforms to combat mis-selling. On the global stage, unpack the importance of central bank independence through the lens of recent political pressures and the distinct approaches of countries like China. It's a fascinating blend of innovation and policy dynamics!