Private sector motor insurance market share India FY 2008-2019

Published by Statista Research Department, Nov 20, 2023
In financial year 2019, private sector motor insurance across India had a market share of 68 percent, compared to 59 percent in the previous financial year. Compared to public sector insurers in the motor insurance industry, private insurers saw a greater growth and profitability in the country.

Market share of private sector motor insurance across India from financial year 2008 to 2019

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Release date

October 2019

Region

India

Survey time period

FY 2008 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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