The penetration rate of retail and group health insurance across India stood at around nine percent as of financial year 2018. This value was estimated to increase over 28 percent by financial year 2030. Retail health insurance companies seemed to have the lowest claim ratios and thus, they were the most profitable.
Penetration rate of retail and group health insurance across India during financial year 2018 with a forecast for financial year 2025 and 2030
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
Penetration rate of retail and group health insurance across India during financial year 2018 with a forecast for financial year 2025 and 2030
Share this statistic
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Learn more about how Statista can support your business.
HDFC Securities. (October 1, 2019). Penetration rate of retail and group health insurance across India during financial year 2018 with a forecast for financial year 2025 and 2030 [Graph]. In Statista. Retrieved April 22, 2025, from https://www.statista.com/statistics/1111322/india-retail-and-group-health-insurance-penetration-rate/
HDFC Securities. "Penetration rate of retail and group health insurance across India during financial year 2018 with a forecast for financial year 2025 and 2030." Chart. October 1, 2019. Statista. Accessed April 22, 2025. https://www.statista.com/statistics/1111322/india-retail-and-group-health-insurance-penetration-rate/
HDFC Securities. (2019). Penetration rate of retail and group health insurance across India during financial year 2018 with a forecast for financial year 2025 and 2030. Statista. Statista Inc.. Accessed: April 22, 2025. https://www.statista.com/statistics/1111322/india-retail-and-group-health-insurance-penetration-rate/
HDFC Securities. "Penetration Rate of Retail and Group Health Insurance across India during Financial Year 2018 with a Forecast for Financial Year 2025 and 2030." Statista, Statista Inc., 1 Oct 2019, https://www.statista.com/statistics/1111322/india-retail-and-group-health-insurance-penetration-rate/
HDFC Securities, Penetration rate of retail and group health insurance across India during financial year 2018 with a forecast for financial year 2025 and 2030 Statista, https://www.statista.com/statistics/1111322/india-retail-and-group-health-insurance-penetration-rate/ (last visited April 22, 2025)
Penetration rate of retail and group health insurance across India during financial year 2018 with a forecast for financial year 2025 and 2030 [Graph], HDFC Securities, October 1, 2019. [Online]. Available: https://www.statista.com/statistics/1111322/india-retail-and-group-health-insurance-penetration-rate/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.