Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 6824)
6824.
What is the rank of India among the world countries in terms of large insurance gap, as per a Lloyd's of London's report?
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Answer: Option
Explanation:
According to a Lloyd's of London's report - A world at risk- Closing the insurance gap, India has the second largest insurance gap in the world of USD 27 billion (in absolute terms) after China. It was prepared by Lloyd's and Centre for Economics and Business Research (CEBR). This report also includes all the latest non-life underinsurance and insurance penetration data for natural catastrophes for 43 countries across the globe. It was first published in 2012.
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