India Life Insurance Market (2018-2023) with Data on Insurance Penetration and Total Premium of LIC, ICICI Prudential Life, HDFC Life, and More - ResearchAndMarkets.com
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Wednesday, November 27, 2019
The "Life Insurance Market in India (2018-2023) with data on Insurance Penetration and Total Premium of LIC, ICICI Prudential Life, HDFC Life, Others" report has been added to ResearchAndMarkets.com's offering.
Key Points:
- The "Life Insurance Market in India (2018-2023) with data on Insurance Penetration and Total Premium of LIC, ICICI Prudential Life, HDFC Life, Others" report has been added to ResearchAndMarkets.com's offering.
- Out of the 52 insurance companies operating in India, 24 are in the life insurance business, and 28 companies are operating in the non-life insurance segment.
- Insurance Regulatory and Development Authority (IRDA) is an autonomous body that regulates and promotes the insurance and re-insurance industries in India.
- In 2016, India's share in the global life insurance market was ~2.36% and ranked 10 among 88 countries.