In the financial year 2023, ICICI Lombard led the general insurance sector in India with a profit after tax of 17.29 billion Indian rupees. Following closely were Bajaj Allianz and The New India Assurance with profits after tax of 13.48 billion Indian rupees and 10.55 billion Indian rupees respectively. On the other hand, all the three public sector undertaking general insurers (United India, New India and Oriental Insurance) recorded loses after tax in the financial year 2023.
Leading general insurers in India in the financial year 2023, by profit or loss after tax (in billion Indian rupees)
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Cafemutual. (July 30, 2023). Leading general insurers in India in the financial year 2023, by profit or loss after tax (in billion Indian rupees) [Graph]. In Statista. Retrieved May 02, 2024, from https://www.statista.com/statistics/1421716/india-leading-general-insurers-by-profit-or-loss-after-tax/
Cafemutual. "Leading general insurers in India in the financial year 2023, by profit or loss after tax (in billion Indian rupees)." Chart. July 30, 2023. Statista. Accessed May 02, 2024. https://www.statista.com/statistics/1421716/india-leading-general-insurers-by-profit-or-loss-after-tax/
Cafemutual. (2023). Leading general insurers in India in the financial year 2023, by profit or loss after tax (in billion Indian rupees). Statista. Statista Inc.. Accessed: May 02, 2024. https://www.statista.com/statistics/1421716/india-leading-general-insurers-by-profit-or-loss-after-tax/
Cafemutual. "Leading General Insurers in India in The Financial Year 2023, by Profit or Loss after Tax (in Billion Indian Rupees)." Statista, Statista Inc., 30 Jul 2023, https://www.statista.com/statistics/1421716/india-leading-general-insurers-by-profit-or-loss-after-tax/
Cafemutual, Leading general insurers in India in the financial year 2023, by profit or loss after tax (in billion Indian rupees) Statista, https://www.statista.com/statistics/1421716/india-leading-general-insurers-by-profit-or-loss-after-tax/ (last visited May 02, 2024)
Leading general insurers in India in the financial year 2023, by profit or loss after tax (in billion Indian rupees) [Graph], Cafemutual, July 30, 2023. [Online]. Available: https://www.statista.com/statistics/1421716/india-leading-general-insurers-by-profit-or-loss-after-tax/