Assocham bullish on insurance

India’s insurance sector may touch a level of Rs 2 lakh crore in two years in view of the aggressive marketing techniques adopted by private insurance companies, a report said.

“The total insurance business will reach a level of Rs 2 lakh crore in two years from the current level of Rs 50,000 crore,” industry body Assocham said in its report ‘Insurance Sector Futuristic Growth’.