Friday, July 11, 2008

Health Insurance is the fastest growing segment of non life/general/health insurance industry of India

In 2005 when we brought out ''Best Guide to Buy Health Insurance'' in the form of book we had predicted that Health Insurance will emerge as an important segment of Indian non life insurance industry.

Even though we never thought that due to detariff the rates for Fire Insurance will go down by 85 to 90%-but we are pleased to note that during 2007 -2008 health insurance premium has grown from Rs 3300 crores to 5000 crores and with growth rate of 50% ,it has emerged as the fastest growing segment of Indian non life insurance industry.

We do hope this segment will now attarct the attention of top management and they will look into various aspects with a view to improve customer satisfaction.

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