With the initiation of the deregulation in the Indian insurance market, the monopoly of big public sector companies in life insurance as well as general (non-life insurance) market has been broken. New private players have entered the market and with their innovative approaches and better use of distribution channels and technology, they are eating in to the shares of established public sector companies in Indian Insurance Market.

Since the deregulation has been put in to place, the market share of LIC has come down to 71.4% in life insurance market while the private players have captured around 17% market in the general insurance segment. Having said that, public sector insurance companies such as LIC and New India Assurance, are registered impressive double-digit growths, which reflects on the overall health of the Indian insurance sector.

This report includes the key private players in the insurance market such as ICICI Prudential, Bajaj Allianz, Birla Sunlife, ICICI Lombard and TATA AIG. It also includes the leading competitors in the life insurance and general insurance segments along with their market shares.

Key Highlights and scope of the "Indian Insurance Industry Forecast (2007-2009)" Report:

-- Global insurance industry scenario

-- Indian insurance industry in global perspective

-- Analysis of market performance of key players with charts and graphs, forecast and opportunity and challenges faced by the players in Indian insurance industry

-- Recent trends and developments in insurance market in India.

-- Key driving forces in Indian insurance industry

-- Company analysis of Major players in the Indian insurance industry.

The report "Indian Insurance Industry Forecast (2007-2009)" gives an insight in to the emerging trends and the future forecasts. There are different aspects that this report discusses in detail. Chapter 1 covers the global insurance industry scenario. Chapter 2 puts India in perspective with the global standards in world insurance industry. Chapter 2 also discusses the Indian insurance industry in historical perspective so as to set the tone for the present analysis. Chapter 3 discusses the market segments and the product segments in the Indian insurance industry. It also analyses the current market performance of the insurance industry. Chapter 4 and 5 discusses the future forecast and Regulatory framework for Indian Insurance Industry. Discussion of the major driving forces, emerging trends and developments and key challenges is given in chapter 6, 7 and 8 respectively and finally the chapter 9 gives detailed information about the key players in Indian insurance industry.

Companies mentioned:

-- Bajaj Allianz

-- ING Vysya

-- AMP Sanmar Assurance Limited

-- SBI Life

-- Tata AIG Life

-- HDFC Standard

-- ICICI Prudential Life Insurance

-- Birla Sunlife

-- Aviva Life Insurance

-- Kotak Mahindra Old Mutual

-- Max New York Life

-- Met Life

-- Sahara Life

-- LIC

-- Royal Sundaram

-- Tata-AIG General

-- Reliance General

-- IFFCO-Tokio

-- ICICI-Lombard

-- Bajaj Allianz

-- HDFC CHUBB

-- New India Assurance Company Limited

-- National Insurance Company Limited

-- United India Insurance Company Limited

-- Oriental Insurance Limited

For more information visit http://www.researchandmarkets.com/reports/c37466