%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(3).png "Life insurance sector in India to grow at 10.5% against global average of 5%")
Key Findings:
a) 5%
b) 7.8%
c) 8.5%
d) 10.5%
- India’s Growth: The life insurance sector in India is projected to grow at 10.5% annually, surpassing the global average of 5%.
- Regional Impact: India is expected to overtake Japan as Asia’s second-largest life insurance market, behind China (7.8% annual growth).
- Government Policies: India raised the FDI limit in insurance to 100%, up from 74%, to attract global investments.
Question:
Q.1 According to the "Allianz Global Insurance Report 2025", at what annual rate is India’s life insurance sector projected to grow?a) 5%
b) 7.8%
c) 8.5%
d) 10.5%
Answer: d) The life insurance sector in India is expected to grow at a strong annual rate of 10.5%, far above the global average growth rate of 5%.
