GI Council targets 2.5% non-life insurance penetration by 2030

The General Insurance (GI) Council is eying a 2.5% non-life insurance penetration by 2030 along with a target of premium 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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