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  • January 2015

A Crossroad Awaits: The Growth Potential of India's Life Insurance Market

Crossroads
In Brief

What factors affect India’s life insurance market growth?

  • Misselling and fraud
  • Need for smaller premium policies
  • Lack of access to capital
  • Regulation
  • Growth in bancassurance
In the first decade of the 2000s, India’s life insurance industry grew and developed quickly. Since its 2010 peak, however, this once double-digit growth has reversed. Mr. Amit Punchhi of RGA examines the three elements that are contributing to the slowing down of the life market’s growth.

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References

Reprinted with permission of Asia Insurance Review (AIR)
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