India falls four places in insurance rankings after drop in life business
India has fallen four places in the world insurance market in the past year owing to a sharp drop in life insurance business, according to The Times of India.
India's insurance market held 11th place in the 2010 rankings, but dropped to 15th in 2011 as the country's share of the world's insurance market fell from 1.8% to 1.58%.
Brazil, Spain and Taiwan are
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