As of January 2020, public sector motor insurers across India earned approximately 70 billion Indian rupees in gross weighted premiums in financial year 2020. Contrarily, the private motor insurers in the country earned around 176 billion rupees in gross weighted premiums that same year indicating a higher profitability and growth for the private sector.
Value of gross direct premium income in public sector motor own damage insurance across India from financial year 2008 to 2020
(in billion Indian rupees)
Characteristic
Gross weighted premiums in billion Indian rupees
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HDFC Securities. (March 23, 2020). Value of gross direct premium income in public sector motor own damage insurance across India from financial year 2008 to 2020 (in billion Indian rupees) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1077689/india-gross-weighted-premiums-public-motor-insurance/
HDFC Securities. "Value of gross direct premium income in public sector motor own damage insurance across India from financial year 2008 to 2020 (in billion Indian rupees)." Chart. March 23, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1077689/india-gross-weighted-premiums-public-motor-insurance/
HDFC Securities. (2020). Value of gross direct premium income in public sector motor own damage insurance across India from financial year 2008 to 2020 (in billion Indian rupees). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1077689/india-gross-weighted-premiums-public-motor-insurance/
HDFC Securities. "Value of Gross Direct Premium Income in Public Sector Motor Own Damage Insurance across India from Financial Year 2008 to 2020 (in Billion Indian Rupees)." Statista, Statista Inc., 23 Mar 2020, https://www.statista.com/statistics/1077689/india-gross-weighted-premiums-public-motor-insurance/
HDFC Securities, Value of gross direct premium income in public sector motor own damage insurance across India from financial year 2008 to 2020 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1077689/india-gross-weighted-premiums-public-motor-insurance/ (last visited August 25, 2024)
Value of gross direct premium income in public sector motor own damage insurance across India from financial year 2008 to 2020 (in billion Indian rupees) [Graph], HDFC Securities, March 23, 2020. [Online]. Available: https://www.statista.com/statistics/1077689/india-gross-weighted-premiums-public-motor-insurance/