The Indian General Insurance Industry in FY 18-19 has continued its robust upward trend, achieving a 12.4% Year-on-Year growth with respect to Premium Income in India for 2017-18, and an 17.7% CAGR over a 10 Year Period
The Industry has also continued to increase its penetration figures, growing from 0.88% in FY 17-18 to 0.89% in FY 18-19
Insurance Density has almost quadrupled over a 10-year period, showcasing the increased consumer demand for products from the Insurance sector
