The total premium collected by non-life insurance companies in July rose 9 per cent to ₹9,791 crore from ₹8,975 crore in the year-agoperiod, according to data provided by the insurance regulator.
Of the total premium underwritten by general insurance companies during the month, public sector entities garnered ₹4,213 crore, which was lower than the ₹4,502 crore they collected a year ago. And, private players mobilised about ₹5,140 crore during the month, according to Insurance Regulatory and Development Authority of India.
Among the four public sector companies, only National Insurance Company achieved positive growth during the month. It clocked a total premium of ₹1,123 crore as against ₹1,067 crore a year ago.
Though it retained top position, New India Assurance’s total premium for the month declined 11 per cent to ₹1,315 crore.
