International Journal of Academic Research and Development

International Journal of Academic Research and Development


International Journal of Academic Research and Development
International Journal of Academic Research and Development
Vol. 2, Issue 6 (2017)

State of general insurance in India


Dr. Abdullah Faiz

General insurance is the original form of insurance which was started as business practice and the life insurance is only the modification of the classical innovative idea of risk coverage. In the western countries the non-life insurance has been more important and more accepted and more popular form of insurance. People in many developed countries spend more on general insurance and less on life insurance. The aggregate premium of general insurance is higher in many countries. However, in most of the developing countries general insurance has been overlooked and underdeveloped. It is very important to know the condition of general insurance in India. This paper attempts to outline the state of India’s general insurance sector.
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How to cite this article:
Dr. Abdullah Faiz. State of general insurance in India. International Journal of Academic Research and Development, Volume 2, Issue 6, 2017, Pages 58-61
International Journal of Academic Research and Development International Journal of Academic Research and Development