Indian Personal Accident and Health Insurance Market: Size, Global Trends, Industry, Drivers, Opportunities and Forecast to 2018 - PowerPoint PPT Presentation

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Indian Personal Accident and Health Insurance Market: Size, Global Trends, Industry, Drivers, Opportunities and Forecast to 2018

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The Indian personal accident and health insurance segment posted significant growth during the review period. The segment’s gross written premium increased at a review-period (2009-2013) compound annual growth rate (CAGR) of 21.1%, despite the global financial crisis. The robust growth was driven by increasing healthcare expenditure, favorable government initiatives for large-scale health insurance programs, and the liberalization of industry regulations. Despite the increase, penetration remains low due to a lack of consumer awareness of personal accident and health insurance - especially in rural areas, a lack of cover for many diseases, and dependence on sales of products with attached tax benefits. Get more details of report at: – PowerPoint PPT presentation

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