General Insurance Article - Indian insurance market needs capital boost


 Indian finance minister P. Chidambaram has said that the insurance market needed $5/6bn capital investment to achieve a faster penetration-current life penetration is 4.4% and non-life 0.8%.

 Low penetration underlined the governments's bill last week to increase the foreign investment ceiling in insurers from 26 to 49%, reports Hindustan Times.
  

Back to Index


Similar News to this Story

Car insurance premiums fall by 17 percent in last 12 months
Motorists are now on average paying £777, which is £164 less than one year ago, with easing claims inflation and frequency contributing to this trend.
Insurance Premium Tax hits new record with 1 month to go
According to this morning’s HMRC data, Insurance Premium Tax (“IPT”) receipts stood at £1.3 billion in February 2025, bringing the 11-month total for
European Energy Transition
New analysis by LCP Delta reveals that the ongoing buildout of grid scale renewable generation will be accompanied by a surge in household electrifica

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.