The Indian insurance industry will continue to outpace the country's economic growth and is projected to reach US$ 350 to 400 billion in premium income by 2020. These figures will put India amongst the top three life insurance and top fifteen non-life markets in the world within the next nine years, according to a new report. At present, the insurance sector in India comprises of 23 different life…

South Korea currently boasts one of the ten largest insurance markets in the world with a particularly high-penetration rate in regards to life insurance. While the country's insurance sector is made available to foreign multinationals, both the life and non-life segments continue to be dominated by large domestic companies. In order to maintain their growth, Korean insurance firms are now looking…

A research report entitled "Vietnam Insurance Sector Forecast to 2013" by RNCOS, an India-based market research and information analysis company, predicts that the growth in the insurance market in Vietnam will continue being dominated by the non-life insurance segment, which currently accounts for more than 50 percent of the insurance market. The report projects a Compound Annual Growth Rate (CAGR) of around 25 percent between the years 2010 and 2013.