Question
According to CareEdge Ratings, India’s life insurance
industry is expected to grow at what CAGR during FY26–FY27?ÂSolution
CareEdge Ratings projected that India’s life insurance industry will grow at 8–11% CAGR in FY26–FY27, driven by group insurance products, pensions, life cover, regulatory reforms, and increased financial literacy.Â
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