by AIP Online Bureau | Jan 16, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology
“We expect that India’s non-life premium growth will be bolstered over the medium term by the country’s economic development, rising insurance demand, and regulatory initiatives which are designed to increase insurance penetration and promote financial inclusion,”...
by AIP Online Bureau | Jan 14, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance, Risk Management
India’s insurance market projected to be the G20’s fastest-growing market over the next five years, with total premium volumes (life and non-life) up 7.3% in real terms on average each year. Growth underpinned by macroeconomic tailwinds, digitalisation progress and...
by AIP Online Bureau | Nov 19, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Regulation, Risk Management
Insurance premium growth forecast in real terms TotalNon-lifeLife 2024F2025– 2026F2024F2025–2026F2024F2025–2026FWorld 4.6%2.6%4.3%2.3%5.0%3.0%Advanced markets All4.1%2.0%4.3%1.9%4.0%2.0%North...
by AIP Online Bureau | Aug 24, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance
The report indicated that India’s non-life insurance sector is experiencing significant shifts, the health insurance segment may face challenges as healthcare costs continue to rise and more consumers claim their insurance, and insurers are grappling with...
by AIP Online Bureau | Jul 16, 2024 | Indian News, Non-Life, Regulation
The candidates are- Rejeshwri Singh, CMD, National Insurance Company, Randip Singh Jagpal, executive director, IRDAI, CS Radhika, general manger, United India Insurance UII and three other candidates from the private sector insurance industry-Deepak Sood, a consultant...