Increased customer awareness, rise in catastrophic events and pro-consumer regulatory changes to drive Health Insurance, while the Motor Insurance industry has exciting times to look forward to reveals ICICI Lombard in its report, " General Insurance: Trends and Outlook for 2016. " The report highlights the key trends to arise out of the Health and Motor Insurance industry for 2015 and its impact on the year ahead and beyond.
Commenting on the report, Mr. Sanjay Datta, Chief- Underwriting, Claims & Reinsurance, ICICI Lombard General Insurance Company Ltd said: ‘As India’s largest private sector general insurance company, it is imperative for us at ICICI Lombard to lead the industry in terms of identifying health and motor insurance trends and this report will help general insurers draw up new initiatives and policies, driven by consumer demand.
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