• Dr. Sanjiv Kumar Sharma

Insurance in India alludes to the market for insurance in India which covers both general society and private division associations. It is recorded in the Constitution of India in the Seventh Schedule as a Union List subject, which means it must be enacted by the Central Government as it were. The insurance area has experienced various stages by enabling privately owned businesses to request insurance and furthermore permitting remote direct investment. India permitted privately owned businesses in insurance part in 2000, setting an utmost on FDI to 26%, which was expanded to 49% in 2014. Since the privatization in 2001, the biggest extra security organization in India, Life Insurance Corporation of India has seen its piece of the pie gradually slipping to private monsters like HDFC Life Insurance, Exide Life Insurance, ICICI Prudential Life Insurance and SBI Life Insurance Company. The manuscript is underlining the key points on the insurance segment with specific scenarios in India.

Insurance Industry in India, Elevation of Insurance Sector, Insurance Escalation

"Escalation of Insurance Industry with Diversification in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 11, page no.428-434, November 2018, Available :http://www.jetir.org/papers/JETIR1811B65.pdf

"Escalation of Insurance Industry with Diversification in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 11, page no. pp428-434, November 2018, Available at : http://www.jetir.org/papers/JETIR1811B65.pdf