General insurance industry to reach Rs. 90,000 crs by 2015

The general insurance industry is estimated to grow by over 18 per cent to reach a size of Rs 90,000 crore by 2015, industry chamber Assocham said. The current size of the non-life industry is Rs 47,000 crore. Motor insurance would continue to remain the largest category, contributing over 40 per cent of industry premiums, Assocham said in a statement.

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