Health insurance premium in India FY 2016-2023, by sector

Published by A. Minhas, Mar 12, 2024
In the fiscal year of 2023, public sector health insurers across India recorded insurance premiums worth about 391 billion Indian rupees. That same year private sector health insurers saw premiums aggregating to nearly 252 billion rupees. In total the value of health insurance premiums reached about 895 billion Indian rupees for the first time.

Value of health insurance premium in India from financial year 2016 to 2023, by sector (in billion Indian rupees)

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Release date

December 2023

Region

India

Survey time period

FY 2016 to FY 2023

Supplementary notes

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

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

Figures have been rounded for clarity.

Previous reports have been accessed.

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