MUMBAI:  A report said that, once the GST is implemented with the emergence of the central and states as dual stake holders, the insurance company potentially have to deal with more taxes when compared to dealing with the current taxes.It added that, the number of taxes would increase as the calculation of the input-output tax credits would be performed separately for each individual state in which they would earn. It also said that, the new rules would be expected to create greater focus on services by foreign insurers as they compete for the share of the market.