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Most Indians underinsured by 30-50% despite increased awareness: Report
Despite rising awareness, most Indians remain dangerously underinsured, reveals Bajaj Capital's Suraksha Kavach Report 2025.
Budget 2025: How 100% FDI will benefit the Indian insurance industry
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
Majority of states, union territories have single-digit MF penetration
Per capita investment is less than Rs 10,000 in eight of them
India's insurance gap widens despite deeper penetration, says study
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
Insurance penetration rises to 3.4% in FY16
Global insurance premiums grew by 3.8% in real terms in 2015, amidst variations in regional growth rates
