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Thursday, July 21, 2011

Future Generali Insurance Week creates Guinness world record

Future Generali Insurance Week creates Guinness world रिकॉर्ड


Mumbai: Future Generali India today claimed that it has set a new Guinness World Record with its industry first initiative - Future Generali Insurance Week (FGIW), which it conducted between January 29 to February 6, 2011.

Future Generali India, the insurance joint venture between the Future Group and Generali of Italy, conducted FGIW across 103 Future Group retail outlets and over 190 Future Generali branches.

FGIW marked its successful culmination by gaining entry to the Guinness Book of World Records for the longest balloon chain in the world. This 20 km long chain formed by balloons signed by 10 lakh people, who are committed to getting adequately insured and thereby ensuring the security of their loved ones, through the FGIW, a company statement said here.

Insurance penetration in India is just 2.53 per cent in life and 0.61 per cent in non-life insurance (annual premium paid as percentage of country's GDP).

In terms of...Insurance density, the numbers are even more alarming - in developed nations like the US is it is 33 times, that of India, the UK is 73 times and Japan is 65 times. Even a country like Thailand is double than that of India, it said.

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