A large majority of the Indian health insurance market belonged to public health insurance providers as of financial year 2021. The market share of standalone health insurance (SAHI) providers had increased gradually from a mere three percent in financial year 2008 to about 26 percent of the market in financial year 2021. One of the reasons for this growth in the standalone insurance providers was due to the agents not requiring additional training or insurance agent certification.
Market share in health insurance sector across India from financial year 2008 to 2021, by type of insurer
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HDFC Securities. (December 23, 2021). Market share in health insurance sector across India from financial year 2008 to 2021, by type of insurer [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1116425/india-health-insurance-market-share-by-type-of-insurer/
HDFC Securities. "Market share in health insurance sector across India from financial year 2008 to 2021, by type of insurer." Chart. December 23, 2021. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1116425/india-health-insurance-market-share-by-type-of-insurer/
HDFC Securities. (2021). Market share in health insurance sector across India from financial year 2008 to 2021, by type of insurer. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1116425/india-health-insurance-market-share-by-type-of-insurer/
HDFC Securities. "Market Share in Health Insurance Sector across India from Financial Year 2008 to 2021, by Type of Insurer." Statista, Statista Inc., 23 Dec 2021, https://www.statista.com/statistics/1116425/india-health-insurance-market-share-by-type-of-insurer/
HDFC Securities, Market share in health insurance sector across India from financial year 2008 to 2021, by type of insurer Statista, https://www.statista.com/statistics/1116425/india-health-insurance-market-share-by-type-of-insurer/ (last visited December 30, 2024)
Market share in health insurance sector across India from financial year 2008 to 2021, by type of insurer [Graph], HDFC Securities, December 23, 2021. [Online]. Available: https://www.statista.com/statistics/1116425/india-health-insurance-market-share-by-type-of-insurer/