Insurance Penetration

Insurance brokers have sought a deeper assessment of Irdai's proposed distribution reforms, warning of a 60-70 per cent revenue impact and around 1 million jobs at risk

In 2024-25, insurance density in India showed a modest rise, increasing from $95 in 2023-24 to $97 in 2024-25.

Despite rising awareness, most Indians remain dangerously underinsured, reveals Bajaj Capital's Suraksha Kavach Report 2025.

The government seeks to fully unlock the potential of India's insurance industry, and has announced opening up of the sector to 100 per cent FDI

Per capita investment is less than Rs 10,000 in eight of them

Global insurance gap, or under-insurance narrowed by 3% the past six years, with growing incidence of new risks related to climate change and cyber world

Global insurance premiums grew by 3.8% in real terms in 2015, amidst variations in regional growth rates