Non-life premiums written in India FY 2023, by segment

Published by Sandhya Keelery, Aug 30, 2024
In the financial year 2023, the written premiums for Indian health insurers had the highest valuation at over 976 billion Indian rupees, followed by motor insurance premiums at around 812 billion rupees. Written premiums are the amount of premium charged for a policy that is already in effect.

Value of non-life premiums written in India in 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 2022 started in April 2021 and ended in March 2022.

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

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