Gross direct premium underwritten of motor insurance in India FY 2024, by insurer

Published by Sandhya Keelery, Aug 30, 2024
In the financial year 2024, the New India Assurance Company Limited had underwritten gross premium amounting to over 61 billion Indian rupees under the motor insurance segment in India. ICICI Lombard General Insurance Company Limited followed closely with underwritten gross premium close to 60 billion Indian rupees.

Gross direct premium underwritten of motor insurance in India in financial year 2024, by insurer (in billion Indian rupees)

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Release date

December 2023

Region

India

Survey time period

FY 2024

Supplementary notes

Only includes data up to November 2023

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 January 2024).

Values have been rounded for clarity.

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