Spain to become the 11th Largest Insurance Market in the World

According to the report compiled by Swiss Re named World Insurance in 2010, and published on 6 July 2011, India overtook Spain to become the 11th largest insurance market in the world. Indian insurance market jumped up 10 places in the last decade. India’s market share increased because of the shrinkage in several European markets. USA is the largest insurance market in the world according to the report. Swiss Reinsurance Company Limited is generally known as Swiss Re. It is a Swiss reinsurance company. The Company is headquartered in Zurich. Swiss Re was founded in 1863.