The Hindu·3 min read·medium
Insurance penetration remains low despite growth in real estate sector, says expert
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The Hindu Bureau
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An expert from United India Insurance noted that insurance penetration in India remains low despite growth in the real estate sector. The discussion emphasized the need for greater public awareness and trust in insurance products, particularly regarding climate-related risks.
Insurance penetration in India remains low despite the rapid growth of the real estate sector, with non-life insurance penetration at less than 1%, V.N. Sandeep, Deputy General Manager, United India Insurance Company Limited, said here on Thursday (July 30, 2026).
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