Irdai Report News

Money

Insurance penetration in India at 3.69%, one of the lowest across the world

According to the IRDAI report, the life insurance penetration was at 4.6% in 2009 but visibly showed a downward trend after thatThe new business premium for life insurance has increased from Rs. 9,707.4 crore in FY 2000-01 to Rs. 19.41 trillion in FY 2017-18

1 min read23 Feb 2019

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