News From Press Non-life insurers post 13.5% premium growth to Rs 33,688 cr in April

Non-life insurers post 13.5% premium growth to Rs 33,688 cr in April

Source: Business Standard May 8, 2025

Gross direct premium underwritten by non-life insurers grew 13.5 per cent year-on-year (YoY) to Rs 33,688.48 crore in April, supported by healthy growth in premiums from multiline general insurers and standalone health insurers.

According to data released by the General Insurance Council, general insurance companies recorded 14 per cent YoY growth in premiums to Rs 30,662 crore, while standalone health insurance companies posted an 11 per cent YoY growth to Rs 2,932.8 crore.

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