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Insurance premiums on growth trajectory


A report by India Insure Risk Management & Insurance Broking Services Pvt. Ltd. has said that insurance premiums in the nation are expected to grow by 20% year over year to 5.5 trillion Indian rupees ($80 billion) in 2017, Asia Insurance Review reports. Nonlife premiums are likely to contribute nearly INR 1.25 trillion, driven by motor, health and agriculture insurance. Agriculture insurance premiums are expected to increase by more than 17% to INR 170 billion

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