News From Press Non-life insurance sector growth halved in FY25 amid industry weakness, Care Ratings reports

Non-life insurance sector growth halved in FY25 amid industry weakness, Care Ratings reports

Source: Economic Times Apr 24, 2025

The growth of India's non-life insurance industry was significantly reduced in FY25, with Care Ratings citing broad industry challenges. According to the agency’s report, although the sector surpassed the Rs 3 lakh crore mark, its performance was hindered by the implementation of the 1/n rule, subdued passenger vehicle sales, and ongoing weaknesses in the commercial insurance lines.

Click here to read

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

More articles you may wish to read

SBI Life launches Hack-AI-thon; accelerates AI-Driven innovation to shape the future of insurance

Bandhan AMC commences GIFT City operations, launches three India focused funds

13 equity mutual funds multiplied investors’ SIP wealth by over 1.8 times in 5 years

Why does it make sense to invest in THESE two equity mutual fund categories during market volatility? Experts answer

Nominee doesn’t have ownership of insurance policy money: HC

Life insurance ownership at all-time high of 78%; India Protection Quotient hits 48: Axis Max Life survey

Why multi-asset allocation funds make sense in the current market cycle

High cash levels deployed in small caps across schemes, says Quant Mutual Fund

Why SIF launch can be UPI moment for mutual fund industry

Favourable change in taxation, regulatory push for Fund of Funds: Should you invest in FoFs now?

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

How will the US tariffs impact the Indian economy over one year?

Indian economy will be negatively impacted

There will be little or no impact on Indian economy

Indian economy will be positively impacted

EVENTS