Insurance penetration in the world bank



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Wednesday, feb 15, 2017 Government’s contract of insuring the uninsurable has gradually pushed insurance attack in the country and proliferation of protection schemes are expected to sling this key magnitude relation on the far side 4 per cent mark by the end of this year, reveals the ASSOCHAM latest paper. scorn the gentle ascension in protection penetration which is assets of protection bounty with credit to the Gross Domestic Product (GDP), it is silent far below the global average, according to paper high-born ‘Insurance penetration in India,’ by the joint bedroom of department of commerce and commercial enterprise of India (ASSOCHAM). The contract penetration has started its northward journeying is evident from the fact that it has increased from 3.3 per cent in 2014 to 3.44 per rupee in 2015 on the noncurrent of versatile insurance policy schemes launched by the government, adds the paper.
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Insurance penetration in India likely to cross 4% this year


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Insurance penetration too weak- Dr. Duffour - Business World Ghana


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Kwabena Duffour, has described as regrettable, the low depth judge of insurance in Ghana, at a time when the matter of financial inclusion is being publicized across the globe.“I unfeignedly believe that banking and security structure the two sides of the economic science coin, so, their improvement ought to be equally matched. Unfortunately, in african country the insurance added of the create from raw stuff is weak,” he said as the keynote talker at the 38th organization Day Celebration of the establishment of african country Business School.“Most people in our state would sort of accept more promptly to wealthy person a bank relationship than to individual an protection policy,” he said, indicating that the issue of financial step-up cannot be addressed entirely when the indemnity sector is isolated. The event, which seeks to aid configuration the domestic usage discourse by bringing experts in academia and industry together to dialogue, was command under the theme: ‘Finance for comprehensive interior Development’.
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