At the end of financial year 2022, there were 67 insurers operating in India. Out of these, 24 were life insurers, 26 were general insurers and five were standalone health insurers. Additionally, the country also had 12 re-insurers including foreign reinsurer branches.
Number of registered insurers across India as of financial year 2023, based on type and sector
Characteristic
Public
Private
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IRDA (India). (December 26, 2023). Number of registered insurers across India as of financial year 2023, based on type and sector [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/655419/number-of-registered-insurers-by-type-india/
IRDA (India). "Number of registered insurers across India as of financial year 2023, based on type and sector." Chart. December 26, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/655419/number-of-registered-insurers-by-type-india/
IRDA (India). (2023). Number of registered insurers across India as of financial year 2023, based on type and sector. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/655419/number-of-registered-insurers-by-type-india/
IRDA (India). "Number of Registered Insurers across India as of Financial Year 2023, Based on Type and Sector." Statista, Statista Inc., 26 Dec 2023, https://www.statista.com/statistics/655419/number-of-registered-insurers-by-type-india/
IRDA (India), Number of registered insurers across India as of financial year 2023, based on type and sector Statista, https://www.statista.com/statistics/655419/number-of-registered-insurers-by-type-india/ (last visited August 25, 2024)
Number of registered insurers across India as of financial year 2023, based on type and sector [Graph], IRDA (India), December 26, 2023. [Online]. Available: https://www.statista.com/statistics/655419/number-of-registered-insurers-by-type-india/