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Market share of non-life insurers India FY 2016-2020 by type of insurer

Published by Statista Research Department, Mar 2, 2021
In financial year 2020, private insurers overtook the public insurers in India's general insurance sector in terms of the market share with more than 48 percent compared to around 39 percent share held by public insurers. Specialized insurers held the lowest market share at 5.5 percent.

Market share of general insurers in India from financial year 2017 to 2020, by type of insurer

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Source

Release date

February 2021

Region

India

Survey time period

FY 2017 to FY 2020

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.

One Indian rupee is equal to 0.014 U.S. dollars and 0.011 euros (as of January 2021).

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