Insurance industry is expected to reach $350-400 billion (about Rs 18,00,000 crore)  in premium income by 2020. This will make India  amongst the top three life insurance markets and top 15 non-life insurance markets, says a report from the Federation of Indian Chambers of Commerce and Industry and Boston Consulting Group.

The report will be formally released at the 14th Insurance Conference in New Delhi on Monday.

comment COMMENT NOW