Indian insurers’ premiums grew 19% y-o-y in FY18 vs. 21% y-o-y last year. Private sector grew 24% y-o-y vs. 26% y-o-y last year; market share improved further to 56% vs. 54% last year. SBI Life replaced ICICI Pru as the largest life insurer. Premium growth in March 2018 was muted against a strong base.
IRDA has reported life insurance premium income data for insurers for March 2018/FY18