Life insurance premium in India set to cross $100 billion mark this year: Swiss Re

The Indian life insurance industry will show resilience and grow at an exceptional rate of 6.6% (in real terms) in 2022 and further grow at 7.1% in 2023. Considering the projected growth rate, the life insurance premiums in India are set to cross $ 100 billion for the first time in 2022. Though the global life insurance premiums growth will almost flat this year and grow by 1.9% in real terms in 2023

source https://economictimes.indiatimes.com/industry/banking/finance/insure/life-insurance-premium-in-india-set-to-cross-100-billion-mark-this-year-swiss-re/articleshow/93932868.cms