General insurance companies reported a growth of 16% in gross direct premium in April 2017. According to senior officials in the industry, health and motor insurance led the growth. Data from the Insurance Regulatory and Development Authority of India (Irdai) showed that in April, gross direct premium underwritten by the industry was Rs 12,206.42 crore compared to Rs 10,528.72 crore a year ago.
Life insurance Dec new biz premium falls 21.7% to Rs 30,218.71 crore
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