News - India: P&C insurance technology market to exceed US$1 bln a year soon
Source: Asia Insurance Review | Jan 2011
The P&C market in India is expected to see tremendous growth in the near future, reaching US$1.4 billion in 2014, up from its current market size of US$770 million, as insurance carriers are increasingly evaluating technology investments to meet growth and efficiency objectives, according to Celent, a US-headquartered research and advisory firm.
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