India is set to lead non-life insurance growth among emerging markets in 2025-26, predicts Swiss Re
India is set to lead non-life insurance growth among emerging markets in 2025-26, predicts Swiss Re

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According to a recent report from Swiss Re Institute, India is projected to surpass all major emerging markets in non-life insurance premium growth during the years 2025-2026, with expected increases of 8.0% and 9.3%, respectively. This growth is bolstered by robust economic conditions, heightened demand for auto and health insurance, and government initiatives aimed at enhancing crop insurance. While emerging Asia is anticipated to drive the overall rise in non-life insurance in developing economies, the global market is forecasted to experience a slowdown, with a growth rate of only 2.3% due to adverse pricing conditions. The report highlights that the increasing regulatory support for insurance uptake will contribute positively to India’s long-term market prospects.

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