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India Life Insurance - Key Trends and Opportunities to 2024

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    Report

  • 76 Pages
  • June 2021
  • Region: India
  • GlobalData
  • ID: 5360037
This report presents a detailed outlook by product category for the Indian life insurance segment.

It provides values for key performance indicators such as gross written premium, penetration, and premium ceded and cession rates during the review period (2015-2019) and forecast period (2019-2024).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Indian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together The publisher's research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Key Highlights
  • Key insights and dynamics of the Indian life insurance segment.
  • A comprehensive overview of the Indian economy, government initiatives and investment opportunities.
  • The Indian insurance regulatory framework’s evolution, key facts, taxation regime, licensing and capital requirements.
  • The Indian life insurance industry’s market structure giving details of lines of business.
  • The India’s life insurance reinsurance business’s market structure giving details of premium ceded along with cession rates.
  • Distribution channels deployed by the Indian life insurers.
  • Details of the competitive landscape and competitors’ profiles.

Scope

This report provides a comprehensive analysis of the life insurance segment in India:
  • It provides historical values for the Indian life insurance segment for the report’s 2015-2019 review period, and projected figures for the 2019-2024 forecast period.
  • It offers a detailed analysis of the key categories in the Indian life insurance segment, and market forecasts to 2024.
  • It profiles the top life insurance companies in India and outlines the key regulations affecting them.

Reasons to Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Indian life insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Indian life insurance segment.
  • Assess the competitive dynamics in the life insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.

Table of Contents

  • Executive summary
  • Economy Overview
  • Regulatory and Compliance
  • Key Market Trends
  • Summary Trends and KPIs
  • Key Trends by Line of Business
  • Pension Insurance
  • Whole Life
  • General Annuity
  • Other Life Insurance
  • Life PA&H
  • Distribution Channels
  • Competitive Landscape
  • Competitor Profiles
  • Reinsurance
  • Regulatory and Compliance
  • Competitive Landscape
  • Competitor Profiles
  • Insurtech
  • Appendix

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Life Insurance Corporation
  • SBI Life
  • ICICI Prudential
  • Hdfc Standard Life
  • Max Life
  • Kotak Mahindra Life
  • Bajaj Allianz Life
  • Tata AIA Life
  • Aditya Birla Sun Life
  • PNB MetLife