In the financial year 2024, the non-life insurance sector in India was led by health insurance segment with a gross direct premium of 704.8 billion Indian rupees. Motor insurance followed closely with a premium of 579.28 billion Indian rupees, reflecting the vast number of vehicles insured.
Gross direct premium of non-life insurance collected in India in financial year 2024, by segment (in billion Indian rupees)
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Other statistics that may interest you Non-life insurance in India
Overview
5
- Premium Statistic Penetration of life and non-life insurance in India FY 2002-2023
- Premium Statistic Density of life and non-life insurance in India FY 2002-2023
- Premium Statistic Gross direct premiums of non-life insurers in India FY 2016-2023
- Premium Statistic Market share of non-life insurers in India FY 2023, by type
- Premium Statistic Gross direct premium of non-life insurance collected in India FY 2024, by segment
Types of insurers
6
- Premium Statistic Non-life insurance policies issued in India FY 2015-2023, by sector
- Premium Statistic Value of non-life insurance gross direct premiums India FY 2023, by insurer type
- Premium Statistic Number of offices of non-life insurers in India FY 2022, by type
- Premium Statistic Value of gross direct premiums underwritten by general insurers India FY 2013-2023
- Premium Statistic Number of policies sold by stand-alone health insurers India FY 2010-2023
- Premium Statistic Number of policies sold by specialized insurers India FY 2011-2023
Health insurance
3
Motor insurance
3
Other insurances
5
- Premium Statistic Value of fire insurance gross direct premiums written in India FY 2012-2023
- Premium Statistic Value of marine insurance gross direct premiums written in India FY 2018-2023
- Premium Statistic Value of liability insurance gross direct premiums written in India FY 2012-2023
- Premium Statistic Value of aviation insurance gross direct premiums written in India FY 2012-2023
- Premium Statistic Value of agricultural insurance gross premiums collected in India FY 2017-2023
Key players
4
- Premium Statistic Market share of non-life insurers in India FY 2023, by company
- Premium Statistic The New India Assurance's gross non-life insurance premiums FY 2013-2022
- Premium Statistic ICICI Lombard's gross direct insurance premium income FY 2018-2023
- Premium Statistic United India Insurance's gross non-life premiums FY 2002-2023
Further Content: You might find this interesting as well
General Insurance Council. (December 14, 2023). Gross direct premium of non-life insurance collected in India in financial year 2024, by segment (in billion Indian rupees) [Graph]. In Statista. Retrieved May 04, 2024, from https://www.statista.com/statistics/1441046/india-gross-direct-premium-of-non-life-insurance-collected-by-segment/
General Insurance Council. "Gross direct premium of non-life insurance collected in India in financial year 2024, by segment (in billion Indian rupees)." Chart. December 14, 2023. Statista. Accessed May 04, 2024. https://www.statista.com/statistics/1441046/india-gross-direct-premium-of-non-life-insurance-collected-by-segment/
General Insurance Council. (2023). Gross direct premium of non-life insurance collected in India in financial year 2024, by segment (in billion Indian rupees). Statista. Statista Inc.. Accessed: May 04, 2024. https://www.statista.com/statistics/1441046/india-gross-direct-premium-of-non-life-insurance-collected-by-segment/
General Insurance Council. "Gross Direct Premium of Non-life Insurance Collected in India in Financial Year 2024, by Segment (in Billion Indian Rupees)." Statista, Statista Inc., 14 Dec 2023, https://www.statista.com/statistics/1441046/india-gross-direct-premium-of-non-life-insurance-collected-by-segment/
General Insurance Council, Gross direct premium of non-life insurance collected in India in financial year 2024, by segment (in billion Indian rupees) Statista, https://www.statista.com/statistics/1441046/india-gross-direct-premium-of-non-life-insurance-collected-by-segment/ (last visited May 04, 2024)
Gross direct premium of non-life insurance collected in India in financial year 2024, by segment (in billion Indian rupees) [Graph], General Insurance Council, December 14, 2023. [Online]. Available: https://www.statista.com/statistics/1441046/india-gross-direct-premium-of-non-life-insurance-collected-by-segment/