The most recent report tracking the performance of the industry by Benori Knowledge, a cutting-edge provider of custom research and analytics solutions, highlighted the life insurance sector’s growth at a CAGR of 11% from 2017-2022 and is projected to grow at a CAGR of 9% in the following five years. The COVID-19 pandemic’s unpredictability made it more important than ever for customers to spend money on items that would strengthen their financial security, one of which is life insurance.
Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks
India has now overtaken China and UK to become the world’s 10th largest life insurer. According to a survey by Brand Finance Insurance 100 2021, a London-based brand valuation consultancy organisation, Life Insurance Corporation (LIC), a state-owned insurance behemoth and life insurer has emerged as the third strongest and tenth most valuable insurance brand globally. The report states that the combined value of the top 100 insurance brands in the globe decreased by 6% from $462.4 billion in 2020 to $433.0 billion in 2021.
Weekly Current Affairs One-Liners Current Affairs 2025 plays a very important role in the competitive…
World Basketball Day 2025 highlights the remarkable journey of basketball from a simple indoor game…
The United Nations marked the second World Meditation Day on the 21st December with a…
The Winter Solstice 2025 occurs on Sunday, December 21 marking the shortest day and longest…
The Haryana State Assembly has unanimously passed a resolution to mark the 350th martyrdom year…
Every country has something special that makes it famous around the world. Some are known…