(साभार- timesofindia,indiatimes.com)
https://timesofindia.indiatimes.com/business/india-business/insurance-penetration-in-india-has-risen-to-3-49-economic-survey-says/articleshow/62696220.cms
Insurance penetration in India has risen to 3.49%, Economic Survey says
CHENNAI; The Economic Survey 2018, released on Monday, said insurance penetration -- the ratio of premium underwritten in a given year to the gross domestic product (GDP) -- in India increased to 3.49% in 2016-17 from 2.71% in 2001.
In comparison, some of the emerging economies in Asia such as Malaysia (4.77%), Thailand (5.42%) and China (4.77%) have a higher insurance penetration than India.
The country's life insurance penetration was 2.72% and general insurance penetration was 0.77%; this compares to a global insurance penetration of 3.47% for life and 2.81%.
"Insurance, being an integral part of the financial sector -- should be assessed on the basis of two parameters, viz., insurance penetration and insurance density, which is the ratio of premium underwritten in a given year to the total population," said the survey. "India's insurance density has increased to $59.7 from $11.5 in 2001 - with life insurance density of $46.5 and general insurance density of $13.2. This compares to global average insurance density of $353 for life and $285.3 for non-life," it said.
In comparison, some of the emerging economies in Asia such as Malaysia (4.77%), Thailand (5.42%) and China (4.77%) have a higher insurance penetration than India.
The country's life insurance penetration was 2.72% and general insurance penetration was 0.77%; this compares to a global insurance penetration of 3.47% for life and 2.81%.
"Insurance, being an integral part of the financial sector -- should be assessed on the basis of two parameters, viz., insurance penetration and insurance density, which is the ratio of premium underwritten in a given year to the total population," said the survey. "India's insurance density has increased to $59.7 from $11.5 in 2001 - with life insurance density of $46.5 and general insurance density of $13.2. This compares to global average insurance density of $353 for life and $285.3 for non-life," it said.
आर्थिक सर्वेक्षण 2018: देश में इंश्योरेंस की पहुंच थोड़ी बढ़ी है...
Rajanish Kant
मंगलवार, 30 जनवरी 2018
