Gross direct premiums underwritten by non-life insurers rose 14.52% in the 10 months up to January from a year-ago period, according to the data released by Insurance Regulatory and Development Authority of India.
In absolute terms, the total premiums underwritten by the non-life insurers stood at Rs1.59 trillion up during April-January against Rs1.39 trillion in the corresponding period a year ago. This includes underwritings by state-owned general insurers, private general insurance companies, specalised public sector insurers and standalone health insurers.
