India’s non-life insurance industry is poised for steady medium-term growth of 8% to 11%, supported by a strong economic backdrop and sweeping regulatory reforms aimed at expanding insurance access, according to CareEdge Ratings. The sector’s gross domestic premium (GDP) reached ₹3.07 lakh crore in FY2025, reflecting a robust compound annual growth rate (CAGR) of 10.4% […]
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 […]
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