General insurance industry has missed the ambitious target of crossing the Rs 1 lakh-crore mark in premium collection by a small margin at Rs 96,401 crore, up almost 14 per cent in the just concluded fiscal.
In FY15, general insurance industry had clocked a premium income of Rs 84,715 crore.
The growth this fiscal was driven by motor and health insurance segments, which are traditionally the largest segments for the industry.
The four public sector players notched up ..