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Thursday, September 13, 2007
India: Life insurance growth to double in five years
Management consultancy firm McKinsey has forecast that India’s life insurance industry will double in the next five years from $40 billion to $80-100 billion in 2012. This growth would improve the level of insurance penetration from 5.1% of gross domestic product to 6.2% in 2010-2012. Read more...posted by Charles Monat Associates at 6:06 PM
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