The new crop of private and foreign players in India's de-nationalized insurance industry is achieving growth rates in market shares that are bigger than its ambitious estimates. Insurance penetration -- both life and non-life -- has taken off vertically with a proliferation of products, and the former state-owned monopolies are pulling out the best in their armory. India Knowledge@Wharton spoke to some of the key players, industry regulators and consulting houses to capture a ringside view of one of the biggest slugfests these days in the emerging economies.
Insurance industry, India, insurance penetration
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Insurance: Indian and Foreign Firms Test Positive for Growth Steroid. (2006). Knowledge@SMU.
Available at: http://ink.library.smu.edu.sg/ksmu/189