News From Press Non-life insurers report marginal decline in October premium collections

Non-life insurers report marginal decline in October premium collections

This, despite good growth in premiums by standalone health insurers, aided by rise in demand for health plans in the country

Business Standard Nov 10, 2020

Non-life insurers have reported a marginal year-on-year (YoY) decline in premiums earned in October, despite standalone health insurers posting a 32 per cent growth in premiums, aided by the rise in demand for health insurance. Non-life insurers were in the red in September also, with premium collection slipping 4.41 per cent.

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