Which among the following countries has the largest insurance market in the world?
In 2021, total global insurance premiums grew by 3.4 percent in real terms, with the non-life insurance sector registering 2.6 percent growth, driven by rate hardening in commercial lines in developed markets. However, in China, the largest emerging market, non-life premium volumes contracted by 0.7 percent as the de-tariffication of motor insurance sparked fierce competition and rate reductions. The US remained the largest insurance market in the world, with total premiums (non-life and life) of US$ 2.8 trillion in 2021, followed by China and Japan. In the life insurance segment, global premium growth bounced back strongly, registering an increase of 4.5 percent.
Who has been appointed as mentor by Afghanistan cricket team for ICC Men's Cricket World Cup 2023?
Consider the following statements regarding the Central Information Commission:
1. It is constituted under the Right to Information Act, 2005
What is the chemical formula of “Chalk”?
On which date was the National Human Rights Commission of India constituted under the Protection of Human Rights Ordinance?
What is the headquarters of the International Organization for Standardization (ISO)?
To which country has China recently appointed its ambassador?
What is the allocation for agriculture and allied sectors in the Union Budget 2024-2025?
Which country invited India as an 'Outreach Country' to the G7 summit held in Italy's Apulia region?
Recently, which military station has become the second in the country to have a road made of plastic waste?
Which state recently launched an initiative to provide caste and income certificates to students within seven days?