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India Insurance Report Q2 2013 As of early 2013, the latest developments indicate that life insurers continue to deal with the clampdown onthe selling of unit-linked insurance plans (ULIPs) by the Insurance Regulatory and Development Authority(IRDA) - notwithstanding that the regulator has eased the rules slightly. In part because of the move againstthe sales of ULIPs, partly because of more general uncertainty over the regulator's view in relation to singlepremiumproducts and partly due to an exodus of agents from the industry, new business premiums shrunkin the year ending March 2012 (which is identified as 2011 in the tables in this report). Nevertheless, overalllife premiums appear likely to have risen at high single-digit rates.
Most of the wildcards for the life segment over the longer term are positive. It remains to be seen, forinstance, whether the regulator will allow life insurance companies to distribute their products through the(currently) tied agency network of Life Insurance Corporation of India (LIC): the state-owned giant thataccounts for about three-quarters of all premiums written in the segment. Reports also suggest IRDA islooking at ways to promote paperless record keeping - which should be good for the insurance companiesand, probably, their customers. In October 2012, the Ministry of Finance had indicated its in principlesupport for the general concept of banks establishing insurance broking subsidiaries. In early 2012, IRDApublished a report that highlighted that it understands what the challenges are that need to be overcome areif micro-insurance is to flourish in India.Published By: Business Monitor International
Date Published: Mar 2013 * * * * * * Health Insurance Industry in India The health insurance market covers very smaller part of the total population (about 10%) in India. Presently, schemes like Voluntary health insurance schemes or private-for-profit schemes; Employer-based schemes; Insurance offered by NGOs / community based health insurance, and Mandatory health insurance schemes or government run schemes (ESIS, CGHS) are found in India.
The health insurance market in India is unique and has developed a strong growth potential in the recent years with the entry of many foreign players in the market. The health insurance market in India was worth INR 5,125 crores with a compounded annual growth rate of 37 percent between 2002 and 2008. While the penetration of the health insurance market is still quite small, it is one of the fastest growing industries in India.
Aruvian?s R?search analyzes this growing industry in its research report Health Insurance Industry in India. The report analyzes the whole industry in terms of growth rate, market segments, and the major players in the industry.
Published By: Aruvian's R'search
Date Published: Jan 2011 * * * * * *
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Global Infrared Imaging Market 2012-2016
Infiniti Research Limited, Aug 2013 Global Image Sensor Market (2013 ? 2018) By Technology (CCD, CMOS, Contact IS, Infrared, X-ray, FSI, BSI); Applications (Healthcare, Surveillance, Automobile, Consumer, Defense, Industrial); Geography (North America, Europe, APAC, ROW)
MarketsandMarkets, Feb 2013 Optical Imaging Market (2013-2018) ? Technology Trends And Applications Of Optical Coherence Tomography (OCT), Hyper Spectral Imaging (HSI), Near Infrared Spectroscopy (NIRS) And Photo- Acoustic Tomography (PAT) In Clinical Diagnostics, Clinical Research
MarketsandMarkets, Apr 2013 The World Market for Ultraviolet or Infrared Ray Apparatus: A 2013 Global Trade Perspective
Icon Group International, Inc., Jan 2013
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