A $200 billion opportunity called the Indian insurance market
GIC Re, which currently dominates the Indian reinsurance market, is about to meet its match now that several foreign firms are in different stages of entering the market:
Fun Fact: India’s insurance market currently accounts for less than 1.5% of the world’s total insurance premiums and about 2% of the world’s life insurance premiums despite being the second most populous nation. Bottom Line: huge opportunity.
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