User:Indiainsuranceobserver/General insurance in India

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General Insurance in India is a rather new concept. Even though the company has a large population, the penetration of General Insurance remains at dismal levels. While the ratio of Life Insurance to General Insurance globally is 55:45, In India it is 80:20. This shows the tremendous potential of increase in General Insurance.

General Insurance is dominated by Auto insurance in the country, followed by Health insurance or medical insurance. The other categories like Travel insurance, fire, marine, fine arts, crop insurance etc are also part of general insurance.

The current regime in the country has brought in several welfare insurance schemes in the country.