Value of gross direct premium of insurance India FY 2002-2019

Published by
Manya Rathore,
Jul 21, 2022
In financial year 2019, the gross direct premiums from India's general insurance industry was valued at around 1.7 trillion Indian rupees. This was the result of a consistent increase in the value of insurance premiums in the country from just over a 100 billion rupees in financial year 2002.

Value of gross direct premiums from general insurance industry across India from financial year 2002 to 2019 (in billion Indian rupees)

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Release date

October 2019

Region

India

Survey time period

FY 2002 to FY 2019

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2018 started in April 2017 and ended in March 2018.

One Indian rupee is equal to 0.013 euros and 0.014 U.S. dollars (as of December 2019).

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