Non-insurance sector reported an 18.06 per cent rise year-on-year to Rs 18,031.48 crore for May (excluding specialised companies, Agricultural Credit Insurance Company of India, and ECGC), the latest data released by the General Insurance Council showed.
The general insurance companies, which is 91 per cent of the non-life market, grew 17.45 per cent in May to Rs 15,933 crore while health insurance companies reported a 22.94 rise to Rs 2,098 crore.
