In the financial year 2024, the non-life insurance sector in India was led by health insurance segment with a gross direct premium of 704.8 billion Indian rupees. Motor insurance followed closely with a premium of 579.28 billion Indian rupees, reflecting the vast number of vehicles insured.
Gross direct premium of non-life insurance collected in India in financial year 2024, by segment
(in billion Indian rupees)
Characteristic
Value in billion Indian rupees
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General Insurance Council. (December 14, 2023). Gross direct premium of non-life insurance collected in India in financial year 2024, by segment (in billion Indian rupees) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1441046/india-gross-direct-premium-of-non-life-insurance-collected-by-segment/
General Insurance Council. "Gross direct premium of non-life insurance collected in India in financial year 2024, by segment (in billion Indian rupees)." Chart. December 14, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1441046/india-gross-direct-premium-of-non-life-insurance-collected-by-segment/
General Insurance Council. (2023). Gross direct premium of non-life insurance collected in India in financial year 2024, by segment (in billion Indian rupees). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1441046/india-gross-direct-premium-of-non-life-insurance-collected-by-segment/
General Insurance Council. "Gross Direct Premium of Non-life Insurance Collected in India in Financial Year 2024, by Segment (in Billion Indian Rupees)." Statista, Statista Inc., 14 Dec 2023, https://www.statista.com/statistics/1441046/india-gross-direct-premium-of-non-life-insurance-collected-by-segment/
General Insurance Council, Gross direct premium of non-life insurance collected in India in financial year 2024, by segment (in billion Indian rupees) Statista, https://www.statista.com/statistics/1441046/india-gross-direct-premium-of-non-life-insurance-collected-by-segment/ (last visited August 25, 2024)
Gross direct premium of non-life insurance collected in India in financial year 2024, by segment (in billion Indian rupees) [Graph], General Insurance Council, December 14, 2023. [Online]. Available: https://www.statista.com/statistics/1441046/india-gross-direct-premium-of-non-life-insurance-collected-by-segment/