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  • January 2015
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A Crossroad Awaits: The Growth Potential of India's Life Insurance Market

Crossroads
In Brief

What factors affect India’s life insurance market growth?

  • Misselling and fraud
  • Need for smaller premium policies
  • Lack of access to capital
  • Regulation
  • Growth in bancassurance
Download "India - A Crossroads Awaits"

In the 15 years since India re-privatised its insurance industry, several models have been developed to optimise operations, distribution, and suitability.

In the first decade of the 2000s, India’s life insurance industry grew and developed quickly. Since its 2010 peak, however, this once double-digit growth has reversed. Mr. Amit Punchhi of Ë¿¹ÏÊÓƵAPP examines the three elements that are contributing to the slowing down of the life market’s growth.

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References

Reprinted with permission of Asia Insurance Review (AIR)
.