Belgium's Ageas Group is focused on expanding its footprint in India, aiming to rank among the top ten insurers in the country. Currently positioned 12th in life insurance through Ageas Federal Life and 15th in non-life with Royal Sundaram General Insurance, the company is prioritizing growth over exits. Ageas CEO Hans De Cuyper expressed commitment to scaling existing operations and is open to acquisitions to facilitate this growth. The insurer's strategy includes leveraging bancassurance partnerships, which enable banks to sell insurance products directly to customers. Despite concerns regarding mis-selling, De Cuyper believes that bancassurance remains a relevant model for providing integrated financial advice. He also highlighted the positive impact of recent regulatory changes, including the shift to risk-based capital and IFRS 17, which are expected to enhance transparency in the insurance sector. Ageas sees significant growth potential in India's insurance market and is ready to invest further to capitalize on opportunities, particularly in the retirement and pension segments.