scorecardresearchIndia to be 6th largest insurance market by 2032; premiums to grow at 14%: Report

India to be 6th largest insurance market by 2032; premiums to grow at 14%: Report

Updated: 02 Sep 2022, 08:10 AM IST
TL;DR.
Total insurance premiums in India will grow by an average 14 per cent per annum in nominal local currency terms over the next decade, making India the 6th largest in terms of total premium volume by 2032 from 10th largest in 2021, Swiss Re Institute said in its report.
The life insurance claim intimation should be quick and consist of basic information such as policy number, name of the insured, date of death, name of the claimant etc.

The life insurance claim intimation should be quick and consist of basic information such as policy number, name of the insured, date of death, name of the claimant etc.