The Future of Insurance

Abstract

Insurance is a vital integral part of the Financial System. The Financial system envelops
Securities - Banking - Insurance - Mutual Funds - Pension Funds - Provident Funds. It is
interconnected and responsible for the growth of the economy. Excerpts from several UN
studies illustrate the present Risk Drivers Further with rapid change everywhere in all
sectors-Agricultural, Rural-Industrial-Healthcare-Housing-Security the risk drivers
change continuously.