Kolkata: Despite flat general insurance ... India (IRDAI), in its latest annual report, said that the insurance density in the non-life industry has increased to USD 25 up from USD 22 in 2022-23.
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Insurance trends this year: Health cover claims go up by 30%, heart ailments highest among term claimsThe insurance sector in India has observed several notable trends this year. According to a recent report, health insurance claims in the country have increased by 30% over the past three years.
According to regulator Irdai's annual report released on Monday, India's insurance penetration was 3.7% in FY24 compared to 4% in 2022-23. The insurance penetration for the life insurance industry ...
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