For health, you needn’t have wealth
For health, you needn’t have wealth Countries that have managed ‘universal healthcare for free’ through taxation have three things Read more
GDP
Insurance penetration at 10-year low
Insurance penetration, measured as a percentage of premiums to a country’s gross domestic product(GDP), has been on a constant drop Read more
Household Savings in India – A Catalyst for the Growth of Bancassurance Channel
I. Introduction Savings play a pivotal role in the capital formation of any country. The gross domestic savings (GDS) of Read more
GDP in motor insurance to cross Rs. 38,000 cr by 2016-17
The gross direct premium earned by general insurance companies from the motor vehicle industry in the own damage category is Read more
Chidambaram to hard sell India to domestic, foreign investors
Three days after the Budget, Finance Minister P Chidambaram today outlined his agenda for action: Get public sector and private companies to invest, ask foreign investors to pump money into India, and address the widening current account deficit (CAD). Read more
Budget 2013-14: Widen coverage area; give tax sops: Health insurance biz
Indian economy measured in terms of Gross Domestic Product (GDP) registered a growth rate of 6.5 per cent in 2011-12, which is the lowest annual growth rate of last decade. Further, this growth rate is expected to be 5.6 percent by the year end where as cost inflation index is moving up in double digit. Read more
State-wise life insurance penetration and density of individual new business in India
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.
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