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.
The Pradhan Mantri Gram Sadak Yojana (PMGSY) is implemented by the Ministry of Rural Development. Which of the following is a key feature of the scheme?
Under the Saansad Adarsh Gram Yojana (SAGY), which of the following is the primary objective of the scheme?
Which country became the first to import 40 megawatts of electricity from Nepal via India's power grid, as part of a trilateral agreement in 2024?
Who among the following has/have been appointed as brand ambassador/ambassadors of Mastercard?
The Saansad Adarsh Gram Yojana (SAGY) requires Members of Parliament (MPs) to adopt villages for development. Which of the following best describes the ...
What percentage of India’s power is still sourced from coal despite the rapid growth of renewables, and what is the planned coal capacity by 2030?
When did the Reserve Bank of India announce the withdrawal of Rs 2000 denomination banknotes from circulation?
Union Minister of AYUSH Sarbananda Sonowal inaugurates Curtain Raiser for 9th World Ayurveda Congress and Arogya Expo at which of the following place?
Which state minister announced a ₹15 crore grant for the development of water sports tourism in 2024?
Max Life Insurance has picked up a 2.99% stake in which small finance bank for ₹49.5 crore, valuing the bank ₹1,653 crore?
