Indian Insurance sector at boom

New Delhi, Dec 25, 2007 : According to a study by ASSOCHAM, the insurance sector is likely to grow by over 200% expected to cross the Rs 2,00,000 crore mark in business by 2010.

The study named 'Insurance in Next Two Years' stated that the present size of the insurance sector is around Rs 50,000 crore, with an approximate Compound Annual Growth Rate or CAGR of 175 per cent in the last few years.

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