Insurance Penetration

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