Today: February 11, 2016, 9:50 am
  
Finance

India reinsurance market: 10% CAGR growth witnessed between 2008-12

companiesandmarkets.com
companiesandmarkets.com
Reinsurance in India, Key Trends and Opportunities to 2017 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-28 23:05:02
Despite the financial crisis, the Indian reinsurance segment grew at a CAGR of 9.9% during the review period. This was due to robust growth in the non-life and personal accident and health segments, the rise of private sector companies following liberalization in 2000, and people insuring against natural disasters.

The reinsurance segment is highly concentrated and dominated by the General Insurance Company in India. The majority of Indian reinsurance is sourced from the General Insurance Corporation (GIC) and major European professional reinsurers based in Continental Europe and Asia.

The Indian reinsurance segment registered a healthy growth during the review period driven by the healthy growth in direct insurance segments. The reinsurance segment is highly concentrated and dominated by the General Insurance Company in India.

Treaty reinsurance accounted for 87.8% of total reinsurance written premiums in 2012. Over the forecast period, the level of competition in the reinsurance segment is expected to increase following the IRDA´s proposal to permit foreign reinsurance companies to establish branches in India.

Click for report details: www.companiesandmarkets.com/Market/Finance-and-Banking/Market-Re ..

Browse all Finance and Banking Market Research Reports www.companiesandmarkets.com/Market/Finance-and-Banking/Market-Re ..

Browse all Finance and Banking Company Profile Reports www.companiesandmarkets.com/Market/Finance-and-Banking/Company-P ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 372 Words
Related Articles
 
More From Finance
Arizona Real Estate Stats 2015
COMMENTARY by Tom Ruff of The Information Market Permission is granted only to ARMLS® Subscribers for reproduction with attribution [..]
Investing.co.uk Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source Investing.co.uk has announced that it will now be offering the [..]
Credit-Yogi.com Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.