In 2024-25, insurance density in India showed a modest rise, increasing from $95 in 2023-24 to $97 in 2024-25.
India’s insurance penetration remained unchanged at 3.7 per cent in 2024-25, highlighting the sector’s slow structural expansion despite steady growth in premium income, according to the latest annual ...
Private sector life insurers outpaced the broader market, recording a 12.07 percent growth in premium income in 2025 ...
Gap with the global insurance market remains wide, shows IRDAI Annual Report. Life insurance penetration slipped from 2.8 per cent in 2023-24 to 2.7 per cent in FY25. Insurance density offers a ...
Over time, higher volumes could provide operating leverage, helping insurers absorb part of the cost pressure. However, ...
LIFE insurer Allianz PNB Life Insurance Inc. is leveraging the Allianz Groups’ global infrastructure and expertise to deliver stronger protection for its policyholders and secure more Filipino ...
An IIM Kozhikode panel has proposed splitting LIC and divesting weak PSU insurers to boost competition, capital and insurance ...
Insurance penetration stands at a troubling 0.4 percent of GDP, far behind South Africa’s 11.3 percent, Namibia’s 7.4 percent, ...