Market Trends

IMARC Group, a leading market research company, has recently releases report titled “ India Reinsurance Market Report by Type (Facultative Reinsurance, Treaty Reinsurance), Mode (Online, Offline), Distribution Channel (Direct Writing, Broker), Application (Property and Casualty Reinsurance, Life and Health Reinsurance), and Region 2024-2032 ​ ”. The India reinsurance market size is projected to exhibit a growth rate (CAGR) of 5.40% during ​2024-2032​. The escalating demand for insurance policies with greater flexibility and reduced risk rates and the growing awareness regarding different investment portfolios are some of the primary factors driving the India reinsurance market. Furthermore, the increasing prevalence of various natural disasters including earthquakes, hurricanes, and floods, as well as man-made disasters like terrorist attacks, is also catalyzing the market for reinsurance in India. Additionally, there is a growing focus on climate change and its implications for risk