The private insurance company, ICICI Lombard had the highest market share of 7.6 percent in the Indian general insurance landscape in fiscal year 2020. Even then, this was a decrease compared to the previous fiscal year's 8.5 percent market share. Overall, the private sector general insurers across the country held a market share of around 48 percent, indicating a sizeable grip on the sector.
Market share of ICICI Lombard across India from financial year 2015 to 2020
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HDFC Securities. (October 1, 2019). Market share of ICICI Lombard across India from financial year 2015 to 2020 [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1076531/india-icici-lombard-market-share/
HDFC Securities. "Market share of ICICI Lombard across India from financial year 2015 to 2020." Chart. October 1, 2019. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1076531/india-icici-lombard-market-share/
HDFC Securities. (2019). Market share of ICICI Lombard across India from financial year 2015 to 2020. Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1076531/india-icici-lombard-market-share/
HDFC Securities. "Market Share of Icici Lombard across India from Financial Year 2015 to 2020." Statista, Statista Inc., 1 Oct 2019, https://www.statista.com/statistics/1076531/india-icici-lombard-market-share/
HDFC Securities, Market share of ICICI Lombard across India from financial year 2015 to 2020 Statista, https://www.statista.com/statistics/1076531/india-icici-lombard-market-share/ (last visited December 26, 2024)
Market share of ICICI Lombard across India from financial year 2015 to 2020 [Graph], HDFC Securities, October 1, 2019. [Online]. Available: https://www.statista.com/statistics/1076531/india-icici-lombard-market-share/