India is all set to become the sixth biggest insurance market in the world in the next ten years owing to the regulatory push and rapid economic expansion, a report by Swiss Re Institute said. The Indian life insurance industry is expected to grow at an exceptional rate of 6.6 per cent (real terms) in 2022 and further grow at 7.1% in 2023.source https://economictimes.indiatimes.com/industry/banking/finance/insure/india-to-be-6th-largest-insurance-market-by-2032-says-swiss-re/articleshow/93929734.cms
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