Non-life insurers gross direct premiums income in India FY 2017-2023

Published by Sandhya Keelery, Aug 30, 2024
In financial year 2023, the gross direct premium income for standalone health insurers in India amounted to over 262 billion Indian rupees. However, private sector insurers in the general and health insurer segment earned the most in premiums that year at over 1,319 billion rupees showing an increase compared to the previous year.

Value of gross direct premium for non-life insurers in India from financial year 2017 to 2023, by type of insurer (in billion Indian rupees)

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Release date

December 2023

Region

India

Survey time period

FY 2017 to FY 2023

Supplementary notes

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

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

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