New Market Study, "Reinsurance in India, Key Trends and Opportunities to 2017", Has Been Published
Despite the financial crisis, the Indian reinsurance segment grew at a CAGR of 9.9% during the review period. This was due to robust growth in the non-life and personal accident and health segments, the rise of private sector companies following liberalization in 2000, and people insuring against natural disasters. The reinsurance segment is highly concentrated and dominated by the General Insurance Company in India. The majority of Indian reinsurance is sourced from the General Insurance Corporation (GIC) and major European...
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