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  • News From Press Standalone health insurers, private general insurers drive growth for non-life insurance sector in April

    Standalone health insurers, private general insurers drive growth for non-life insurance sector in April

    Source: Financial Express May 10, 2023

    In the month of April, over 20% year-on-year growth in the gross written premiums for the non-life insurance sector was driven by standalone health insurers and private sector general insurers while public sector insurers continued to witness a moderate growth.

    Collective gross direct premium underwritten for non-life insurancecompanies grew 20.51% year-on-year to Rs 25,640.66 crore for April this year from Rs 21,277.67 crore for the same period last year, data from the General Insurance Council has shown.

     

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