Indian Health Insurance Industry Exhibiting Strong Growth

The Indian health insurance industry is growing at an unprecedented rate with the strong government support, and expected to witness a further increase in premiums in coming years, says RNCOS.

Noida, India (prHWY.com) February 20, 2012 - The health insurance industry in India is among the world's most prolific ones, with a large untapped potential existing for public and private insurers. In fact, health insurance is the second largest segment in the non-life insurance vertical in India. According to a new research report by RNCOS, the health insurance segment has picked up pace in last two fiscals, and is set to reach new heights in the coming few years. Due to increasing healthcare costs and awareness, the segment is expected to grow further with gross premiums estimated to scale up at a CAGR of around 32% during FY 2011-FY 2014.

Research Analysis & Highlights

The report, "Booming Health Insurance in India" is spread over 85 pages and provides an in-depth research and rational analysis of the current status and expected position of the health insurance market in India. The study thoroughly examines the prominent emerging trends and drivers, which are fueling the industry's growth and development. Highlighting major segments, it also facilitates information on most popular insurance schemes in India. Indispensable information has been included in the report to help clients understand the market dynamics and get an insight into the industry at the micro level. Overall, the research aims at depicting the Indian health insurance industry's unbiased picture to clients.

Some of the key findings of the report are:

- Rural market will grow stupendously in coming years.
- Government and non-government schemes will post magnificent growth.
- Electronic insurance policy has been gaining popularity.
- TPA infrastructure will help boost the Indian health insurance market.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM250.htm

Some of our Related Reports are:

- Saudi Arabia Insurance Market Analysis (http://www.rncos.com/search.htm)
- Poland Insurance Market Forecast to 2014 (http://www.rncos.com/Report/IM325.htm)
- Vietnam Insurance Sector Forecast to 2014
(http://www.rncos.com/Report/IM337.htm)
- UAE Insurance Market Forecast to 2012 (http://www.rncos.com/Report/IM023.htm)

Check Related REPORTS on: http://www.rncos.com/Banking&Insurance.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

###

Tag Words: rural health insurance

Categories: Insurance

Press Release Contact
B-129, Sector 6 Noida - 201301
91-120-4224-700
91-120-4224-707

Link To This Press Release:

URL HTML Code