Indian Insurance Industry – Market Developm...

Indian Insurance Industry – Market Development Analysis

Author Name : Dr. Jitendra Khemchand Sali

INTRODUCTION Insurance industry in India has seen a foremost growth in the last decade along with an introduction of a huge number of progressive products. This has led to a tough competition with a positive and healthy result. Insurance sector in India plays a active role in the welfare of its economy. It substantially increases the opportunities for savings amongst the individuals, protect their future and helps the insurance sector form a huge pool of funds. With the help of these funds, the insurance sector highly contributes to the capital markets, thereby increasing large infrastructure developments in India