News From Press Non-life insurers report dip in Dec premiums under Irdai's revised norms

Non-life insurers report dip in Dec premiums under Irdai's revised norms

Source: Business Standard Jan 9, 2025

Non-life insurers reported a marginal decline in premia in December, owing to a revision in premium accounting norms by the Insurance Regulatory and Development Authority of India (Irdai). Premia of non-life insurers in December slipped 0.33 per cent year–on–year (Y-o-Y) to Rs 25,018 crore, showed data released by the General Insurance Council.

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