{"id":15418,"date":"2024-12-24T21:36:35","date_gmt":"2024-12-24T21:36:35","guid":{"rendered":"https:\/\/newsfortnite.com\/index.php\/2024\/12\/24\/insurance-as-share-of-gdp-shrinks-to-3-7\/"},"modified":"2024-12-24T21:36:35","modified_gmt":"2024-12-24T21:36:35","slug":"insurance-as-share-of-gdp-shrinks-to-3-7","status":"publish","type":"post","link":"https:\/\/newsfortnite.com\/index.php\/2024\/12\/24\/insurance-as-share-of-gdp-shrinks-to-3-7\/","title":{"rendered":"Insurance as share of GDP shrinks to 3.7%"},"content":{"rendered":"<p>India&#8217;s insurance penetration fell to 3.7% in FY24 after peaking at 4.2% during Covid, with life insurance penetration dropping to 2.8%. Despite this, per capita premium increased modestly. The life insurance industry&#8217;s slower growth and increased benefits payouts contrasted with non-life insurance&#8217;s 12.8% premium growth.<\/p>","protected":false},"excerpt":{"rendered":"<p>India&#8217;s insurance penetration fell to 3.7% in FY24 after peaking at 4.2% during Covid, with life insurance penetration dropping to 2.8%. Despite this, per capita premium increased modestly. The life insurance industry&#8217;s slower growth and increased benefits payouts contrasted with non-life insurance&#8217;s 12.8% premium growth.<\/p>\n","protected":false},"author":0,"featured_media":15419,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/15418"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=15418"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/15418\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/15419"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=15418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=15418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=15418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}