Page 675 - Insurance Statistics 2021
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Macro-economic &
Insurance Indicators
The Indian General Insurance Industry in FY 18-19 has continued its robust upward trend, achieving a 12.4%
Year-on-Year growth with respect to Premium Income in India for 2017-18, and an 17.65% CAGR over a
Section 5
Policy Holder Service Index 10 Year Period
The Industry has also continued to increase its penetration figures, growing from 0.88% in FY 17-18 to 0.89% in
FY 18-19
Insurance Density has almost quadrupled over a 10-year period, showcasing the increased consumer demand for
products from the Insurance sector
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