"India Insurance Report Q4 2015" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Mon Sep 21 2015

Thanks to the new regulatory changes, allowing a maximum foreign ownership stake of 49% instead of the previous 26% in a JV, many companies will have greater access to capital . The government's launch of new and basic social security plans including life, accident and pension will post public understanding of the life insurance business. In the non-life segment, growth will be boosted by health insurance while motor vehicle and property will still retain their absolute sizes, whilst shrinking in relative terms over our forecast period to 2019.

Poverty has posed a challenge to India's insurance sector as a large number of households simply cannot afford insurance or do not understand the functioning behind it. Furthermore, tight regulation regarding foreign ownership has historically posed a problem for large multinationals. Nevertheless, as of mid-2015, it is the opportunities that stand out. The new Insurance Bill, which will lift the cap of foreign ownership of insurance firms from 25% to 49% and make it easier for public sector insurers to raise funds from private sources. This should boost the industry's access to capital and know-how. The government's general promotion of health insurance and the development of the new Mediclaim products by the four large state-owned non-life companies should underpin strong growth in health insurance.

Full Report Details at
- http://www.fastmr.com/prod/1047944_india_insurance_report_q4.aspx?afid=301

The India Insurance Report has been researched at source and features BMI Research's independent assessment and forecasts for the insurance sector. It examines industry developments, key growth drivers and risk management projections, including the macroeconomic situation, government policy, regulatory environment and the level of development and potential for growth, broken down by line. Leading insurers are profiled, covering premiums, products and services and competitive positioning.

BMI's India Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Indian insurance industry.

Key Benefits

* Benchmark BMI's independent insurance industry forecasts for India to test other views - a key input for successful budgeting and strategic business planning in India's insurance market.
* Target business opportunities and risks in India through our reviews of latest industry trends, regulatory changes and major deals, investments and macroeconomic developments.
* Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).


BMI Industry View

Summary of BMI’s key industry forecasts and views, covering the Life and Non-Life segments, the evolving competitive landscape and business operational risks.

Industry SWOT Analysis

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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