AIG is among those insurers that find a great potential in India due to
its low penetration level of less than 4 per cent.
In a recent study, IER found that at
low penetration levels, solar production could reduce stress on the electrical grid.
Not exact matches
For this reason, even if solar generation becomes profitable without subsidies at
low levels of
penetration, there is a system - dependent threshold of installed PV capacity beyond which adding further solar generators would no longer be profitable.
Those with larger
levels of renewable energy
penetration (Australia and China) have observed a variety of challenges such as those listed above, while countries with relatively
low levels of deployment (Indonesia) have yet to experience any serious difficulties.
Leads opening in the ice will change the fluxes of heat and light
penetration through the sea surface and the
lower trophic
levels of the marine ecosystem.
The WV reduction at high
levels would increase solar near infrared
penetration into the mid-
lower atmosphere, and the WV increase at
lower - mid
levels would increase the
lower atmospheric greenhouse effect.
But
penetration levels in the developing countries remain
low.
Even as motor, home, travel and personal accident covers are increasingly turning indispensible, the fact remains that the insurance
penetration level of 0.7 per cent in India is among the
lowest in the world.
IRDA rued by stating in its yearly report (2013 - 14), «the
low penetration of non-life insurers in India is due to the
low intensity of coverage at district
level in comparison to life insurance's
penetration.»
Absence of awareness about insurance,
low levels of financial literacy and less number of district
level private insurers is what IRDA accounts the
low numbers of non-life insurance
penetration to.