Released on = May 30, 2006, 9:59 pm

Press Release Author = RNCOS

Industry = Financial

Press Release Summary = RNCOS Research:
(http://www.marketsmonitor.com/category/FM004.html) The keenness shown by the
prosperous economies, such as U.K., in the Indian insurance sector signifies the
fact that the sector holds immense growth potential for both domestic as well as
foreign investors.

Press Release Body = RNCOS Research:
(http://www.marketsmonitor.com/category/FM004.html) Maturing progressively, the
insurance sector in India appears to be one of the most talked of sectors amongst
the foreign investors. Numerous opportunities are available in this sector for both
domestic as well as international players.

Interest shown by U.K., in the insurance sector in India, was disclosed by Mr. John
Cooke- the Chairman of Committee on Trade Liberalization & services recently. In
view of the potential growth prospects, the insurance sector in India should permit
Foreign Direct Investment of up to 48 percent, requested Mr. Cooke.

Traversing a full circle, from a liberal competitive market to nationalization and
then back to liberalization, the insurance sector in India has shown rapid expansion
over the past few years. Increasing demand of consumer and industrial products &
services plus elimination of a few of the trade and investment barriers have been
the main drivers behind the exponential growth of the insurance sector in India.

A recent market research report named "Indian Insurance Industry Forecast
(2007-2009)" published by RNCOS- a growing market research and analysis firm
provides a translucent picture of the overall insurance industry in India.

"India is the 5th largest economy in the world and it is likely that the number of
consumers, mostly from middle class background, shall reach around $600mn within the
next five years", as per experts at RNCOS.

The report provides detailed discussion of the past trends of the Indian insurance
industry to help in present analysis as well as future predictions of the industry.
It also offers a descriptive analysis of the market and product segments of the
insurance industry in India. Analysis of the current market condition of the
insurance industry in India is also covered in the report. It lists the profiles of
the key players, including TATA AIG, ICICI Prudential, Birla Sunlife, Bajaj Allianz
and ICICI Lombard, in this sector plus the strategies and plans adopted by them for
the growth and development of the industry.

Various government policies influencing the Indian insurance industry are discussed
in it. The report also covers the opportunities and challenges that exist before the
insurance sector in India. The report is a must read for both the investors as well
as businesses.

About RNCOS:
RNCOS, formed in 2002, offers Market Research Reports via MarketsMonitor for your
business needs and aims to put an end to your information pursuit. Our expertise in
gathering global business information for industry research, corporate training,
growth consulting, and business consulting, brings reputed companies and firms to us
for business enhancement solutions. We can be your one-stop-shop for Industry
research information and niche market analysis.

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