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Axco's insurance market report provides expert analysis, market insight, company performance data and market statistics for the Indian non-life (property and casualty) market. The detailed report is produced following a visit to the country and interviews with industry professionals working in India's insurance sector. Systematic updates are published throughout the cycle, to the latest developments in the India non-life (P&C) market as well as trends by line of business. Axco analysts also report on India's economic factors, the local political situation, and sections on climate, operational, and security risks. The report is suitable for insurers, reinsurance companies, brokers and insurance buyers.
The report describes India's insurance regulations and requirements, including vital compliance requirements such as if non admitted insurance is permitted in India, what are the local rules on licensing and detailing any relevant taxes and charges for the insurer and the insured.
View detailed analysis of local lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers' liability and liability. The report lists the insurance companies operating in India, their market share and investigates how much premium is written through the sector’s different distribution channels.
Statistics include five years of non-life (P&C) market performance indicators, including gross written premiums, premium growth, penetration, profitability ratios, and premium by line of business. Company statistics show who are the leading non-life insurance companies in India with local company premiums, market share and year on year growth, expense ratios and retentions by line of business.
Ivory Coast is the leading market in the CIMA region. It is well developed relative to other markets in the region with a large number of local and foreign owned insurers and it has become a centre for reinsurers which wish to obtain authorisation to operate in the CIMA region.
It has well developed broking and bancassurance segments and has recently begun to see the emergence of digital-only intermediaries. The growth in the insurance market has been encouraged by a degree of political stability and by foreign investment ....
This is a brief extract of information; more updated information may be available in the latest published report.
