The Indian insurance sector was hitherto monopolised by the government. Since the insurance sector was liberalised in 2000, the market has seen growing participation from private insurers especially in the general insurance subsector in which private insurers account for the majority of industry-wide gross direct premiums. The Indian insurance sector has shown considerable growth since liberalisation with gross direct premiums collected growing by double digits y/y in almost every year. Nevertheless, insurance penetration and density in India remains lower than most countries in the region. The reach of insurance is especially low in rural areas and in smaller cities largely due to a lack of distributional scale. Nevertheless, this is changing as government policies and technological developments are increasingly growing the reach of insurance throughout the country.

01 EXECUTIVE SUMMARY 

02 SECTOR OUTLOOK 

03 SECTOR IN FOCUS 

04 COMPETITIVE LANDSCAPE 

05 COMPANIES IN FOCUS 

06 REGULATORY ENVIRONMENT 

07 LIFE INSURANCE 

08 GENERAL INSURANCE 

09 REINSURANCE 

10 RETAIL CHANNELS