Non-life insurance density in India FY 2014-2023

Published by Sandhya Keelery, Aug 30, 2024
In the financial year 2023, the non-life insurance density in India stood at 22 U.S. dollars. This was the same as the previous year. Insurance density is calculated by measuring the ratio of gross direct premium incomes to the country's total population.

Non-life insurance density across India from financial year 2014 to 2023 (in U.S. dollars)

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Release date

December 2023

Region

India

Survey time period

FY 2014 to FY 2023

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.

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