India Gdp 2024 Estimate Insurance. Ratings agency moody's has raised india's gdp growth projections for fy2025 to 7.2% in 2024 from 6.8% previously and 6.6% growth in 2025, against the earlier estimate of 6. Over the next five years (2024‒28), we forecast that total insurance premiums will grow by 7.1% in real terms, well above the global (2.4%), emerging (5.1%) and advanced.

This positive development is encouraging, given the sector’s significant contribution to india’s gdp and employment. Over the next five years (2024‒28), we forecast that total insurance premiums will grow by 7.1% in real terms, well above the global (2.4%), emerging (5.1%) and advanced.