News From Press General Insurance: Premium growth up 7% in July; retail health leads

General Insurance: Premium growth up 7% in July; retail health leads

Investment by health insurers in digital renewal of policies pays off

Financial Express Aug 21, 2020

General insurers reported 7% year-on-year (y-o-y) growth in premiums (excluding crop) in July 2020, almost similar to 8% growth in June. July growth was led by 33% y-o-y growth in fire and robust 18% y-o-y growth in health, although offset by 6% y-o-y decline in motor premiums. Retail health was up 48% y-o-y.

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