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A snapshot: Insurance sector has undergone a sea change, but issues remain

Business Standard brings you a snapshot of the Indian insurance industry

Business Standard 

The insurance industry is in its 20th year after the sector was opened to private players. While it has undergone a sea change in terms of growth and new products, many old issues remain. Business Standard brings you a snapshot of the Indian insurance industry.

Penetration remains flat During the first decade of the insurance sector liberalisation, the sector has reported consistent increase in insurance penetration from 2.71 per cent in 2001 to 4.6 per cent in 2009. Since then the level of penetration was declining. As of 2018, India’s insurance penetration stands ...

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  • Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
  • Track the industry of your choice with a daily newsletter specific to that industry.
  • Stay on top of your investments. Track stock prices in your portfolio.

NOTE :

  • This product is a monthly auto renewal product.
  • Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
  • To cancel, communicate from your registered email id and send the mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.
First Published: Thu, March 19 2020. 01:03 IST
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