India’s Leading BFSI and FinTech Companies 2023

India’s Leading BFSI and FinTech Companies 2023 | 29 [ INDIAN INSURANCE SECTOR OVERVIEW ] OUTLOOK Rising risk awareness amongst individuals: The outbreak of pandemic has led people realize the importance of having health insurance. Further with rise in per capita income levels and enhanced financial education, there will be rise in risk awareness amongst individuals, which will help drive growth of non-life insurance sector in India. Government schemes tohelpdrive growth of non-life insurance: The government has launched various non-life insurance related schemes like Ayushman Bharat Pradhan Mantri JanArogyaYojana, PMFasal Bima Yojana, etc. These schemes will help in driving adoption of & penetration of insurance even in remote rural areas. Dun & Bradstreet