Abstract

The note traces the evolution of the Insurance Industry in India and looks at its state in the year 2012. It throws light on the size, products, major players and other details of the industry like penetration and density. The case also compares the Indian Insurance industry with the world insurance market and a few other countries like the USA. The case concludes with the challenges faced and the road ahead for the industry.

Learning Objectives 

This note would be a useful first session background for the students of Insurance in India and other countries in the world, who are interested in emerging countries. It can also be given as an essential reading for all students who want to learn about the Insurance Industry in India.The case would also be useful for the Insurance professionals outside India, who are looking to know more about the Indian Insurance Industry.