Market share of health insurance India FY 2011-2021, by segment

Published by Sandhya Keelery, Aug 30, 2024
In financial year 2021, group business health insurances had a market share of 48 percent in terms of gross premium. Individual or retail business class remained stable at a market share of 44 percent and the share of government business slightly decreased to over seven percent.
In terms of number of lives covered, government business had a market share of 66 percent in financial year 2021, whereas group business amounted for only 23 percent.

Market share of health insurance schemes across India from financial year 2011 to 2021, by segment

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Release date

December 2021

Region

India

Survey time period

FY 2011 to FY 2021

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2018 started in April 2017 and ended in March 2018.

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