Transcription of India insurance - EY
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India insurance - EY
India insurance : Industry developments fostering positive market sentiment Table of contents The Indian economy is one of the most attractive destinations in the emerging markets for insurance investment given that its sheer size and low level of penetration offer huge growth potential. The industry is currently the 15th-largest world market, with a total premium of US$60b in 2014. Executive summary 2. India insurance market, unprecedented growth 4. Evolving regulatory lanscape 6. Striding through the current challenges 8. Increased FDI limits change the face of insurance 10.
10 anc Industr developments fostering positive market sentiment 11 Increased FDI limits change the face of insurance The passage of the Insurance Laws (Amendment) Bill, 2015 paved the way for foreign companies to invest and raise their stake in domestic insurance companies up to 49%. This opened the sector to new opportunities, which have
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