Linked insurance premium underwritten by insurers in India FY 2023, by segment

Published by Sandhya Keelery, Aug 30, 2024

In the life insurance sector, Indian life insurers collected a total of 914.8 billion Indian rupees in premiums from linked insurance policies in the financial year 2023. The health segment had the lowest linked premiums underwritten at 1.47 billion Indian rupees.

Linked insurance premium underwritten by insurers in India in the financial year 2023, by segment (in billion Indian rupees)

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Release date

December 2023

Region

India

Survey time period

FY 2023

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.

One Indian rupee is equal to 0.011 euros and 0.012 U.S. dollars (as of June 2024). 

Values have been rounded for clarity.

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