From October 2008, new legislation is being introduced in India which will
increase the insurance requirements relating to vehicle security and create a
new market opportunity for vehicle manufacturers and suppliers.
Theft and car insurance in India forms part of SBD' s Global Vehicle Insurance
Series and throughout 2008, SBD will complement its existing portfolio with
new reports highlighting important changes to insurance requirements in
Belgium, Holland, Sweden, Brazil and North America.
IMPORTANT CONFIDENTIALITY NOTICE:
** Due to the confidential nature of the report content, your request to
purchase SBD' s security reports will be vetted by SBD' s security team, prior
to any sale agreement. **
Table of Contents
1. Executive summary
1.1 Key conclusions
1.2 Overview
1.3 Current Situation
1.4 Future Changes
2. India
2.1 Insurance Situation
2.1.1. Insurance Association
2.1.2. Insurance Offered
2.2 Cost of Ownership
2.2.1. Insurance Premium
2.2.2. Damage and Repairability (D&R)
2.3 Market Situation
2.3.1. Theft Data
2.3.2. Theft Reduction Strategies
2.4 Security Requirements
2.4.1. High Security Number Plates
2.4.2. Industry Standards
2.5 Security Benefits
2.6 Future Developments
2.6.1. Government Activity
2.6.2. Manufacturers and Suppliers
List of figures
Figure 1. Car theft rates by country
Figure 2. Map of India
Figure 3. Domestic new vehicle sales
Figure 4. Market share by manufacturer (passenger cars only)
Figure 5. India car theft data
Figure 6. Percentage of cars recovered after theft
List of tables
Table 1. Market share of motor insurance companies in India (January 2007)
Table 2. Indian models with engine immobilisers
Table 3. Summary of AIS-075, unauthorised use
Table 4. Summary of AIS-076, vehicle alarm systems (VAS)
Table 5. Summary of AIS-076, immobilisers and testing
Table 6. Summary of benefits for anti-theft devices
