Insurance penetration is 3.9% in present India
Insurance penetration in India at 3.9 per cent was below the world average of 6.3 per cent in 2013, the Parliament was informed recently. Minister of State for Finance…
Indian Life Insurance Industry: Promoting Innovation & Creativity for Growth & Development
The Indian life insurance industry, which was liberalized in 1999, allowing private sector players in the business, has grown at a phenomenal pace since its liberalization. The sector experienced a…
Simplify tax laws to improve insurance penetration
Governments around the world generally agree on the issue of incentivising buying of insurance policies, both life and non-life, through tax laws for achieving the twin objectives of promoting social…
Takaful – The Islamic Insurance
The concern for safety and security is very basic and fundamental to human nature. Insurance evolved arising out of this basic human need. In today's, world one cannot think of…