Health keeps surpassing the rest of non-life.
According to industry statistics from November 2023, stand-alone health insurers have significantly fueled the expansion of the non-life insurance market. Read more
non-life insurance
Non-life insurance might grow at a 14–15% CAGR until FY37.
Gross direct premium income (GDPI) for the non-life insurance sector is expected to increase by 14% to 15% by FY37. Read more
Gross premiums of non-life insurance firms up 18% in Q1
The gross direct premium underwritten for general insurance companies reported an increase of 15 per cent year-on-year to Rs. 20,452 Read more
Brokers surpass agents as top in distribution of non life policies
Brokers are playing a bigger role in the distribution of non-life insurance in India, with their share of premiums doubling Read more
Non-life insurance premium falls to Rs. 15,855 crore in October
General insurers reported gross direct premium of Rs 15,855.11 crore in October, down 0.42% year-on-year. However, motor insurance, which Read more
GI Council targets 2.5% non-life insurance penetration by 2030
The General Insurance (GI) Council is eying a 2.5% non-life insurance penetration by 2030 along with a target of premium Read more
GI Council targets 2.5% non-life insurance penetration by 2030
The General Insurance (GI) Council is eying a 2.5% non-life insurance penetration by 2030 along with a target of premium Read more
Life insurance sales in India surge to Rs 4.18 lakh crore
Life insurance sales in India grew 14% year-on-year to Rs 4.18 lakh crore from Rs 3.66 lakh crore, according to Read more
Cell for redressal of grievances of Policyholders
The Grievance Redressal Cell of the Insurance Regulatory and Development Authority looks into complaints from policyholders. Complaints against Life and Read more