01937cas a2200241 a 4500 AALejournalIMF018373 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484348703 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. India : Financial Sector Assessment Program: Insurance Sector Regulation and Supervision-Technical Note. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (38 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Technical Note provides an assessment of the recent development of regulation and supervision of the Indian insurance sector. The sector has continued to grow in scale and diversity, surmounting the adverse impact of the global financial crisis, although penetration remains relatively low. Public sector insurers continue to command a majority of the market and life insurance predominates, with about 75 percent of total premiums. Non-life insurance is dominated by motor insurance. Penetration rates are unchanged from 2011 and generally lower than in comparator countries, especially in non-life. Although traditional sale channels continue to predominate, there is increasing diversity in distribution. Risks in life insurance are relatively well spread and in non-life are mainly short-term. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/086 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/086/002.2018.issue-086-en.xml IMF e-Library