Kolkata, Oct. 12 -- Indian General Insurance premium is expected to touch 5000 Billion by 2030, according to Birla Institute of Management Technology's (BIMTECH) India Insurance Report - Transforming Indian Insurance- Series II. One of the report's significant findings was that the general insurance premium is expected to surpass Rs. 3,91,216 crores by 2030 based on historical data of 20 years, according to a media statement on Thursday. However, the industry's premium volume may exceed Rs. 5,00,000 crore by 2030 as the ideal premium level, considering regulatory reforms intended to achieve full insurance coverage for every household by 2047 and an anticipated rise in market participants and intermediaries. This study, conducted by Prof. ...