Indian Insurance to be $280 Billion Industry by 2019-20: Assocham

Assocham said the study indicated insurance penetration in the country to have reached 3.7 per cent in 2017, from 2.71 per cent in 2001, and that gross premium had increased from Rs 3.2 lakh crore ($49 billion) in 2011-12 to reach Rs 5 lakh crore ($72 billion) in 2017-18.

from Top Business News- News18.com https://ift.tt/2CC3h5d