YOU HAVE GOT INSURANCE

The domestic insurance sector presents a huge opportunity for investors

$60 bn (%4.02 L cr) Size of the insurance sector $240 bn (%16L cr) Expected size of the market in the next 10 years Life Insurance Corp (LIC) is the sole public sector company There are six public sector non-life insurers India’s life insurance sector is the biggest in the world with about 360 million policies

53 No. of insurance companies -- 24 in life insurance business and 29 in non-life

Insurance IPOs will fetch the government handsome returns, according to experts