Abstract
The insurance business supports much business. It allows a company to embrace risks and concentrate completely on its growth all the while being rest assured that there are Insurance companies to take care of adversities. Growth of Insurance Industry in a country directly points out to the fact that people have belief in the Insurance
business model and that they are ready to undertake more riskier business propositions. Majority of the non personal lines of insurance consists of Fire, Engineering, Marine Cargo, Marine Hull and Aviation. The others like Motor, Health and other Miscellaneous like personal accident, travel etc are personal lines. General Insurance companies like New India Assurance, Oriental Insurance, United India Assurance and National Insurance Company
have ruled the Indian Insurance market for many decades. Post entry of private and foreign insurance companies, the growth of public limited insurance companies was on radar. The paper tries to throw more light on the growth fall of these non personal lines of insurance.
References
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