Indian Health Insurance Market Set to Double by 2013 - 14

According to our new report “Booming health Insurance in India”, with saturating insurance market in developed economies, the Indian insurance market, particularly health insurance, has emerged as one of the most attractive insurance markets in the world. Despite robust growth in the past few years, it remains largely untapped and offers huge opportunities for health insurers. As per our estimations, the Indian health insurance market, in terms of premium, is projected to grow at a CAGR of around 28% between 2010-11 and 2013-14.

Given this huge potential in the market, the health insurance products are becoming top preference of insurers including life insurers. There are two standalone health insurance companies - Star Health and Allied Insurance Co Ltd and Apollo Munich Health - operating in the country. Max Bupa Health Insurance Limited (MBHI) is the third standalone health insurer in India, which is set to be operational in next few months. And many more like SBI Life and Aegon Religare are in pipeline and have plans to enter into the health insurance market.

The report “Booming Health Insurance in India” provides an extensive research and rational analysis along with reliable statistics of the Indian health insurance market. The report thoroughly analyzes current market trends, new developments and competitive landscape to enable clients understand the market structure and its progress in coming years. Moreover, the report studies the country’s competitive landscape by identifying all the major players and discussing their performance in detail. It also talks about the growing importance of TPAs in the Indian health insurance market.

Most importantly, the report gives the industry forecast based on correlation of past drivers, challenges and opportunities for expansion. In this way, the report presents a coherent analysis of the Indian health insurance market that will prove useful for our clients.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM250.htm

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