Amount of health insurance premium in India FY 2016-2020 by insurer type

Published by A. Minhas, Aug 21, 2024
In fiscal year 2020, health insurers in India collected a total health insurance premium of over 500 billion Indian rupees. Stand-alone health insurers nearly tripled their premium amounts to over 137 billion Indian rupees in fiscal year 2020 compared to 2016. While the private sector general insurers doubled their size to over 125 billion Indian rupees from 2016 to 2020, the public sector general insurers led the market with premium amounts of over 245 billion Indian rupees during the same time period.

Health insurance premium in India from financial year 2016 to 2020, by insurer type (in billion Indian rupees)

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Release date

August 2020

Region

India

Survey time period

FY 2016 to FY 2020

Number of respondents

1000+

Age group

28-45

Supplementary notes

Health insurance premium is excluding personal accident and travel insurance

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