India

Monthly health premium payment in India
Nov 2020
Covid-19: Increasing compensation claims in India
Nov 2020
Indian insurance market: The regulatory framework
Oct 2020
The Indian insurance market was nationalized shortly after the country’s independence in 1947. Before that time, the insurance industry had been governed by British legislation, more particularly by the British Insurance Act enacted in 1870. Offices and branches of foreign companies, mainly British, had therefore dominated the market.
The specificities of the Indian insurance market
Oct 2020
The different reforms and measures implemented by the regulatory authorities during the recent decades have provided the Indian insurance market with ample room for progression.
IRDAI: The Insurance Regulatory Authority of India
Oct 2020
Insurance Regulatory and Development Authority of India (IRDAI) was set up in 1999 upon the recommendation of the Malhotra (1) Committee report set up by the government. It was in 2000 that IRDAI became a governmental entity in charge of regulating insurance operations in the country.
The Indian insurance market: 2009-2018
Oct 2020
While insurance markets in developed countries are witnessing a slowdown in terms of written premiums, those of most emerging countries continue to grow in a sustainable fashion.
Indian non-life insurance market
Oct 2020
In 2018, based on the figures ending 31 March 2019, the Indian non-life insurance market has been dominated by mass risks, with motor and health insurance accounting for respectively 38% and 30% of the overall revenues.
India: Combined ratio per non-life insurance company
Oct 2020
India: Loss ratio per non-life insurance company
Oct 2020
The Indian life insurance market
Oct 2020
The Indian market accounts for just one life public company, Life Insurance Corporation of India (LIC). It reported 66.5% of the market’s life revenues in 2018. The other 23 private companies make the remaining 33.5% of the premiums, compared to 30% ten years earlier. From 2009 to 2018, life premiums reported by private companies had grown by 39% against 17% for LIC.
India: Profitability of life insurers per type of company
Oct 2020
IRDAI creates colour codes for health insurance policies
Oct 2020
Drone insurance in India
Oct 2020
Non-life insurance companies in India: net result (2014-2018*)
Jul 2020
Life insurance companies in India: evolution of gross written premiums (2009-2018*)
Jul 2020
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