India Insurance Research Reports & Market Industry Analysis
IndiaInsuranceResearch. 27 comprehensive market analysis studies and industry reports on the Insurance sector, offering an industry overview with historical data since 2019 and forecasts up to 2029.
India's insurance sector: challenges and opportunities
In this paper, we analyse the Indianinsurance sector and trace its evolution and growth. We also identify the key challenges facing the sector.
Bridging gaps in the India insurance sector - PwC
Bridging gaps in the Indiainsurance sector. The growth of the Indian insurance sector is important for the expansion of India’s GDP. With customer requirements driving innovation in this space, insurance sector CEOs have their work cut out for them, say Amit Roy and Nitin Jain.
India’s insurance market: growing fast, with ample scope to ...
Key takeaways. India’s insurance sector is on track for a strong growth. We forecast that India’s insurance market will be the fastest growing among the G20 nations with an average expected growth rate of 7.1% over 2024‒28. E = estimates; F = forecasts; CAGR =compound annual growth rate Source: Swiss Re Institute.
India's insurance market: growing fast, with ample scope to ...
Economic growth, an expanding middle class, innovation and regulatory support is driving insurance market growth in India. Over the next five years (2024‒28), we forecast that total insurance premiums will grow by 7.1% in real terms, well above the global (2.4%), emerging (5.1%) and advanced (1.7%) market averages.
INDIAN GENERAL INSURANCE INDUSTRY REPORT - ICRA
Key takeaways. Stable outlook reflects ICRA’s expectation of strong growth, a comfortable capital position and earnings for private insurers while PSUs require substantial support from the GOI. GDPI growth expected to remain strong. Industry GDPI grew by 15.5% to Rs. 2.8 trillion in FY2024; strong growth expected to continue.
India's insurance market: poised for rapid growth | Swiss Re
India is one of the fastest growing insurance markets in the world, and we forecast that it will be the sixth largest by 2032. We estimate that total insurance premiums will grow on average by 14% annually in nominal local currency terms (9% per annum in real terms) over the next decade.
INDIAN GENERAL INSURANCE INDUSTRY REPORT - ICRA
This ICRA paper, on the general insurance sector in India, analyses the performance of 18 general insurance companies collectively representing ~90% of the industry-wide gross direct premium written (GDPW) during 9M FY2022.
India’s insurance Challenges and the way forward - PwC
According to Economic Survey 2022– 23, Insurance penetration in India has increased from 3.69% in 2018 to 4.57% in 2022, with life insurance penetration being twice that of the emerging markets and marginally higher than the global
Insurance Industry in India - Insurance Sector Market Analysis
TheinsuranceindustryinIndia has witnessed an impressive growth rate over the last two decades driven by the greater private sector participation and an improvement in distribution capabilities, along with substantial improvements in operational efficiencies. Snapshot of key insurance metrics.
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India Insurance Research. 27 comprehensive market analysis studies and industry reports on the Insurance sector, offering an industry overview with historical data since 2019 and forecasts up to 2029.
In this paper, we analyse the Indian insurance sector and trace its evolution and growth. We also identify the key challenges facing the sector.
Bridging gaps in the India insurance sector. The growth of the Indian insurance sector is important for the expansion of India’s GDP. With customer requirements driving innovation in this space, insurance sector CEOs have their work cut out for them, say Amit Roy and Nitin Jain.
Key takeaways. India’s insurance sector is on track for a strong growth. We forecast that India’s insurance market will be the fastest growing among the G20 nations with an average expected growth rate of 7.1% over 2024‒28. E = estimates; F = forecasts; CAGR =compound annual growth rate Source: Swiss Re Institute.
Economic growth, an expanding middle class, innovation and regulatory support is driving insurance market growth in India. Over the next five years (2024‒28), we forecast that total insurance premiums will grow by 7.1% in real terms, well above the global (2.4%), emerging (5.1%) and advanced (1.7%) market averages.
Key takeaways. Stable outlook reflects ICRA’s expectation of strong growth, a comfortable capital position and earnings for private insurers while PSUs require substantial support from the GOI. GDPI growth expected to remain strong. Industry GDPI grew by 15.5% to Rs. 2.8 trillion in FY2024; strong growth expected to continue.
India is one of the fastest growing insurance markets in the world, and we forecast that it will be the sixth largest by 2032. We estimate that total insurance premiums will grow on average by 14% annually in nominal local currency terms (9% per annum in real terms) over the next decade.
This ICRA paper, on the general insurance sector in India, analyses the performance of 18 general insurance companies collectively representing ~90% of the industry-wide gross direct premium written (GDPW) during 9M FY2022.
According to Economic Survey 2022– 23, Insurance penetration in India has increased from 3.69% in 2018 to 4.57% in 2022, with life insurance penetration being twice that of the emerging markets and marginally higher than the global
The insurance industry in India has witnessed an impressive growth rate over the last two decades driven by the greater private sector participation and an improvement in distribution capabilities, along with substantial improvements in operational efficiencies. Snapshot of key insurance metrics.