Insurance market in India to reach $222 bn by FY26: Report2 min read . Updated: 10 Jun 2022, 03:46 PM IST
- The report said with a total addressable market of $66.5 billion, the life insurance category comprised close to three-fourths of the market, followed by motor insurance
Insurance penetration in India is poised to rise rapidly with the market set to reach a size close to $222 billion by FY26, driven by the growing middle class and increasing digital access, according to a report by homegrown consultancy firm, Redseer.
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