Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Jan 2024

Market Profile


India

Making the right moves into the top league

The Indian insurance industry, backed by a proactive regulator and regulations is projected to touch $222bn and become the sixth-largest insurance market globally by 2032.

 

Buy Now


Brokers have a lot to do for the future

The Indian insurance market has plenty of unexplored and untapped areas, especially for brokers.

 

Buy Now


Strong regulatory push aids life sector growth

The Indian life insurance industry is undergoing transformation, aided by macro factors and enabling measures by the regulator.

 

Buy Now


Talent crunch can crunch the industry

The Indian insurance industry is predicted to experience a shortage of talent very soon, and it could assume alarming proportions, affecting the overall growth of the sector.

 


Critical illness covers get innovative

Recognising the need for specialised coverage for critical illnesses, Indian insurers now offer policies with different coverage options that cater to the diverse needs of individuals and the evolving healthcare landscape.

 

Buy Now


Chennai floods cost tops $1.3bn

The floods in Chennai city in South India in December, that caused economic losses of over $1.3bn have once again revealed the need to focus on urban planning and infrastructure upgrading in cities across India.

 

Buy Now


Full steam ahead to insure every Indian by 2047

The Insurance Regulatory and Development Authority of India’s clarion call of ‘Insurance for All’ by 2047 has enthused the insurance market.

 

Buy Now


A big opportunity for reinsurers

The Indian economy has transformed itself into a major powerhouse and aims to become a $5tn economy over the next few years, offering immense scope for the insurance and reinsurance sector to grow and thrive.

 

Buy Now


The broker's view of bancassurance

In an effort to improve insurance penetration in the country, it is important to leverage the vast branch network of banks. While this boosts insurance penetration, does it also boost policyholders’ trust in the industry?

 

Buy Now


Reinsurance to support the Indian market

GIC Re hopes to support the domestic market without stressing its own balance sheet.
 

Buy Now


Indian non-life sector on growth trajectory

The Indian non-life segment, driven by regulatory initiatives and innovation is on the cusp of achieving significant growth over the next few years.

 

Buy Now