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Insurance penetration and insurance density are the two important indicators, which provide the level of development of insurance sector in an economy. Insurance penetration is defined as the ratio of total premium collected to the total Gross Domestic Product (GDP) of an economy and is usually expressed in the percentage form.
Read moreLife Insurance Company has better record of paying death claims than that of private life insurers, said regulator IRDA in its latest report.
“The claim settlement ratio of LIC appeared to be better than that of the private life insurers”, said Insurance Regulatory and Development Authority (IRDA) in its annual report 2011-12. Read more
Get the latest Statistics on Life Insurance Insurance Industry in India for the period 2011-2012 (1.4.2011-31.3.2012). The report has been compiled by The Insurance Times Group. Download the file in pdf format here
Read moreIRDA has released the annual report of the performance of the Indian Insurance Industry for the period 2011-12. The report covers detailed performance of the Life Insurance as well as General Insurance Companies in India.
Read moreGet the latest Statistics on Non Insurance Insurance Industry in India for the period 2011-2012 (1.4.2011-31.3.2012). The report has been compiled by The Insurance Times Group. Download the file in pdf format here
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