Read the latest edition of AIR and MEIR as an Interactive e-book

Jan 2023

Market Profile


Hard market conditions are no deterrent to growth

The Indian economy continues to remain a bright spot in the global economy and is currently growing at a healthy rate of over 6%, which bodes well for the reinsurance industry.

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Indian reinsurance to get a boost

The Indian reinsurance industry is in the throes of legal and regulatory change that will alter its course. The message to global reinsurers seems to be loud and clear, welcome to do business in India so long as you are ready to establish an onshore presence.

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Steady growth ahead for life insurance

The Indian life insurance industry is surging ahead with consistent and healthy growth based on latent potential and a supportive regulatory ecosystem.

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Economic rebound bodes well for non-life

The Indian non-life insurance industry reported 15.34% growth in the first six months of the financial year 2022-2023, with gross premium underwritten rising to INR12.5tn ($15.2bn) from INR10.85tn in the same period of last year.

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Brokers can chart a new path

With digitalisation in insurance, the broking community in India needs to ponder how their businesses can continue to remain relevant and grow.

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Surety bonds: A roadmap to break out of limbo

The IRDAI guidelines for surety insurance business in India came into effect on 1 April 2022, however, insurers have not been able to kickstart the process.

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Brokers must consolidate

The Indian risk landscape is becoming more complex and sophisticated and so stakeholders need to scale up.

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Ensuring health insurance remains healthy

The Indian health insurance system strives to support its policyholders to the best of its ability despite many hiccoughs.

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India's InsurTech moment has arrived

India is today one of the most sought after InsurTech destinations, both for early-stage start-ups as well as for unicorns.

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A year of sweeping regulatory reforms

The Insurance Regulatory and Development Authority of India introduced wide changing reforms in 2022 that will have a far-reaching impact on the growth and development of the sector.

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Insurance industry mirrors banking sector reforms

The Indian insurance sector is drawing inspiration from the country’s banking sector reforms.

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