News From Press Insurance industry reports a tepid 5% growth in FY21

Insurance industry reports a tepid 5% growth in FY21

Standalone health insurers like Star Health, Aditya Birla Health Insurance, Max Bupa reported robust growth in their gross direct premium income (GDPI) in FY21.

Source: ET Apr 24, 2021

Healthcare and fire protection helped the Indian general insurance industry report a tepid 5% growth for the last fiscal even as the dominant motor and crop insurance segment shrank due to lockdowns.

Standalone health insurers like Star Health, Aditya Birla Health Insurance, Max Bupa reported robust growth in their gross direct premium income (GDPI) in FY21.

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