India’s state insurers continue market share loss to private sector: GlobalData
Reinsurance News - Mar 08, 2023
The combined market share of state-owned general insurers in India has dropped from 51.3% in 2017 to 40.8% in 2021, while gross written premiums (GWP) of private insurers grew by 15.7% during this time, suggests a new report from GlobalData. Along with lower growth in GWP (which crept at a CAGR of 4...
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