India will become the fastest growing insurance market, premium growth will rise to 6.9% in 2030: Swiss Re

India’s insurance premium growth will accelerate to 6.9 percent over 2026-2030, surpassing China, US and Western European markets, on strong economic fundamentals, rising demand and regulatory changes, global reinsurer Swiss Re said on Monday. The Indian insurance sector is entering a new era of robust growth over the medium term and will emerge as the […]

Indian insurance market expected to grow 6.9% over 2026-2030, more than US and China, says Swiss Re

Swiss Re expects life insurance premiums to rise by 3.4 percent in calendar year 2025 and then by 3.5 percent in the year 2026 | Photo credit: iStockphoto Backed by resilient economic growth, rising risk awareness and supportive regulatory reforms, India’s insurance market is expected to grow in real terms at a compound annual growth […]