IndiaInsurance
10th August 2009, 03:12 AM
The domestic general insurance industry with over Rs 30,000 crore of premium income in 2008-09 despite slow down has witnessed radical changes since the opening of the market to private players in the year 2000. The entry of private players has invigorated the insurance industry, resulting in strong premium growth; improved marketing focus along with some product innovations. A growing economy, low insurance penetration in terms of premium percentage to the GDP, as well as increasing affordability on account of higher disposable incomes and savings, increasing urbanisation and increasing awareness, are some of the factors that would continue to power ...
More... (http://in.biz.yahoo.com/090809/50/bau0n3.html)
More... (http://in.biz.yahoo.com/090809/50/bau0n3.html)