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Quoting Swiss Re report, IRDAI said during 2015, the life insurance premium in India (inflation adjusted) increased by 7.8 per cent when global life insurance premium increased by 4 per cent.
The Indian non-life insurance sector witnessed a growth of 8.1 per cent (inflation adjusted) during 2015 whereas the growth in global non-life insurance premium was 3.6 per cent only.
From Agencies, Feature image courtesy http://home.bt.com/
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