India Set to Outpace China and the US in Insurance Premium Growth by 2030

India Set to Outpace China and the US in Insurance Premium Growth by 2030

India is poised to become the fastest-growing major insurance market globally by 2030, outpacing both China and the United States, according to a new outlook from Swiss Re. The reinsurer projects India’s insurance premiums to grow at a compound annual rate of 6.9% through 2030, driven by strong demand across life, health, and motor insurance […]

India’s Life Insurance Industry Surges 40% YoY in December 2025

India’s life insurance industry recorded its strongest monthly performance in nearly two years in December 2025, signalling a solid recovery after earlier contractions in the year. According to CareEdge Ratings, new business premiums rose 39.5% year on year to $4.6 billion (₹421.5 billion) in December. This marks a sharp rebound from the 5.2% contraction seen […]