Insurance Industry

Short while ago, the scope of insurance sector has been pretty much aggrandized with the inclusion of personal and business risks assurances.

The Oxford economics foresees the life insurance premium growth by 6% annually during the period 2013-20. While P&C premium grew at the rate of 5.4% for the year 2013. In 2012, the ROE growth seen for global life insurance was 12 % & for the P&C business was 9 %. The profit opportunities has been well enough in such a falling frequency of accidental rates and higher health facilities reducing death rates.

Challenges

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