Collective gross direct premium underwritten for non-life insurance companies grew 22.99% year-on-year to Rs 54,491.27 crore for the first quarter this fiscal from Rs 44,303.91 crore for the same period last fiscal, data from insurance regulator IRDAI showed on Friday.
For the month of June, a total of 32 non-life insurers posted a growth of 20.66% y-o-y in gross direct premium underwritten at Rs 17,810.57 crore compared to Rs 14,761.05 crore for the corresponding period last fiscal.
