Indian non-life insurance market: towards growth in the next four years

Magazine Issue:

Covid-19, insurers affected but not wrecked [3]

Magazine date:

Jan 2021

india According to estimates by Atul Sahai, CEO of New India Assurance, the non-life insurance sector in India [4] is expected to double its turnover in the next four years.

The growth rate of the non-life insurance in 2020 has recorded a significant decline to 2% compared to 17%-18% in the previous years. A. Sahai expects this rate to revert to its normal level within the next four years.

The Indian non-life insurance market is dominated by the health, motor and property damage activities.

Tue, 12/01/2021 - 15:44

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[3] https://www.atlas-mag.net/en/issue/covid-19-insurers-down-yet-not-out
[4] https://www.atlas-mag.net/en/article/indian-non-life-insurance-market