Life Insurance in India, Size, Share, Global Trends, Demand, Insight, Report, Opportunities, Segmentation and Forecast,2018

1

Main Title
Market Research Report 
Life Insurance in India, Key Trends and
Opportunities to 2018
reportscue
2

Synopsis The report provides in-depth market
analysis, information and insights into the
Indian life insurance segment, including The
Indian life insurance segments growth prospects
by life insurance category  Key trends and
drivers for the life insurance segment  The
various distribution channels in the Indian life
insurance segment The detailed competitive
landscape of the life insurance segment in
India Detailed regulatory policies of the
Indian insurance industry A description of the
life reinsurance segment in India Porter's
Five Forces analysis of the life insurance
segment A benchmarking section on Indian life
insurance segment in comparison with other BRICS
countries
3

Report OverviewLife insurance was the largest
segment in the Indian insurance industry in 2013,
and accounted for 78.5 of the industrys gross
written premium. The segment registered
significant growth at a review-period (2009-2013)
CAGR of 3.3. Growth was primarily attributed to
the rapid expansion of group superannuation
products, which registered a review-period CAGR
of 21.7 in terms of gross written premium.
Steady expansion in the individual whole life
category, which accounted for 77.8 of the life
insurance gross written premium, also contributed
to the segments growth.Sustainable economic
growth and rising GDP, increasing levels of
employment, an expanding population, rising life
expectancy, increased tax benefits and the
introduction of flexible life insurance plans are
expected to support the segments growth over the
forecast period. Gross written premium is
projected to increase at a projected
forecast-period CAGR of 6.3.
4

Scope This report provides a comprehensive
analysis of the life insurance segment in
India It provides historical values for the
Indian life insurance segment for the reports
2009-2013 review period, and projected figures
for the 2013-2018 forecast period. It offers a
detailed analysis of the key categories in the
Indian life insurance segment, along with market
forecasts until 2018. It covers an exhaustive
list of parameters, including written premium,
incurred loss, loss ratio, commissions and
expenses, combined ratio, frauds and crimes,
total assets, total investment income and
retentions. It analyses the various
distribution channels for life insurance products
in India. Using Porters industry-standard
Five Forces analysis, it details the
competitive landscape in India for life insurance
business. It provides a detailed analysis of
the reinsurance segment in India and its growth
prospects. It profiles the top life insurance
companies in India and outlines the key
regulations affecting them.
5

Key Highlights India ranked 10th out of 147
countries in terms of life insurance business
gross written premium. The Indian life segment
accounted for 78.5 of the industrys gross
written premium in 2013, following growth at a
review-period CAGR of 3.3. Government
incentives such as tax exemptions and rebates,
along with security of capital by public
insurance companies such as Life Insurance
Corporation of India (LIC) drove growth in the
segment. The individual whole life category
was the largest in the life segment and accounted
for 77.8 of the segments total gross written
premium in 2013. In July 2013, IRDA proposed
an increase in the FDI limit from 26 to 49 in
order to improve, promote and develop the
domestic insurance industry. The low
penetration rate of the Indian life segment
provides ample scope for the development of new
business over the forecast period. 
6

Table of Contents1 Key Facts and Events 2
Executive Summary 3 Introduction4 Indian
Insurance Industry Attractiveness 5 Life
Insurance Outlook6 Analysis by Distribution
Channel7 Governance, Risk and Compliance8
Competitive Landscape and Strategic Insights9
Appendix - 110 Appendix - 2
7

Reason To Buy Make strategic business
decisions using in-depth historic and forecast
market data related to the Indian life insurance
segment and each category within it Understand
the demand-side dynamics, key market trends and
growth opportunities in the Indian life insurance
segment Assess the competitive dynamics in the
life insurance segment, along with the
reinsurance segment Identify the growth
opportunities and market dynamics in key product
categories Gain insights into key regulations
governing the Indian insurance industry, and
their impact on companies and the market's
future To Get Details http//www.reportscue.c
om/life-insurance-in-india-key-trends-and-opportun
ities-to-2018-market