In the financial year 2022, private insurers held a market share of 50 percent, higher than the share of public sector insurers at 34 percent in the Indian general and health insurance segment. Private sector insurers continued to occupy a majority share since financial year 2019.
Market share of general and health insurers in India from financial year 2017 to 2022, by type of insurer
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Other statistics that may interest you Insurance industry in India
Overview
6
- Premium Statistic Assets of insurance companies in India 2002-2022
- Premium Statistic Penetration of life and non-life insurance in India FY 2002-2022
- Premium Statistic Density of life and non-life insurance in India FY 2002-2022
- Premium Statistic Value of general gross direct premiums India FY 2022, by insurer type
- Premium Statistic Number of registered insurers in India FY 2022, by type and sector
- Premium Statistic Insurance investments India 2022, by sector
Life insurance
6
- Premium Statistic Market share of life insurance industry India FY 2017-2023, by type of insurer
- Premium Statistic Market share of life insurers across India FY 2021, by type of premium
- Premium Statistic Value of total life insurance premiums in India FY 2002-2022
- Premium Statistic Value of total premiums written by private life insurers India FY 2003-2022
- Premium Statistic New individual life insurance policies in India FY 2017-2022, by sector
- Premium Statistic Life insurance investments India FY 2017-2022, by sector
Non-life insurance
5
- Premium Statistic General insurance penetration in India FY 2014-2022
- Premium Statistic Market share of general and health insurers India FY 2016-2022, by type of insurer
- Premium Statistic Non-life premiums written in India FY 2022, by segment
- Premium Statistic Non-life insurers gross direct premiums income in India FY 2017-2022
- Premium Statistic Non-life insurance investments in India FY 2017-2022, by sector
Public sector
5
- Premium Statistic Value of gross direct premiums of public general insurers India FY 2022
- Premium Statistic Public non-life insurers' market share India FY 2017-2021 by company
- Premium Statistic LIC's brand value 2016-2023
- Premium Statistic The New India Assurance's gross non-life insurance premiums FY 2002-2022
- Premium Statistic United India Insurance's gross non-life premiums FY 2002-2022
Private players
5
- Premium Statistic Leading private insurers in India FY 2022, by gross direct premium
- Premium Statistic ICICI Lombard's gross non-life insurance premiums FY 2002-2022
- Premium Statistic Bajaj Allianz's total life insurance premium value FY 2002-2022
- Premium Statistic HDFC ERGO gross non-life insurance premiums FY 2003-2022
- Premium Statistic IFFCO Tokio's gross non-life insurance premiums FY 2002-2022
Further related statistics
11
- Standalone health insurers' market share in India FY 2018 by company
- Market share of leading private non-life insurers in India FY 2018
- Specialized insurers' market share in India FY 2018 by company
- Licensed non-life insurance companies in the United Kingdom (UK) 2002-2010
- Effectiveness of insurance portfolio expansion measures Russia 2020, by practice
- Largest companies for motor insurance in Sweden 2019-2022, by premium volume
- Solvency margin of non-life insurers in the Netherlands 2005-2015
- Average solvency ratio of non-life insurers in the Netherlands 2005-2015
- Non-life insurance revenue in France 2013-2022
- Leading car insurance companies' market share South Korea 2016-2021
- Brazil: fastest growing insurance companies 2019, by net premiums growth
Further Content: You might find this interesting as well
Statistics
- Standalone health insurers' market share in India FY 2018 by company
- Market share of leading private non-life insurers in India FY 2018
- Specialized insurers' market share in India FY 2018 by company
- Licensed non-life insurance companies in the United Kingdom (UK) 2002-2010
- Effectiveness of insurance portfolio expansion measures Russia 2020, by practice
- Largest companies for motor insurance in Sweden 2019-2022, by premium volume
- Solvency margin of non-life insurers in the Netherlands 2005-2015
- Average solvency ratio of non-life insurers in the Netherlands 2005-2015
- Non-life insurance revenue in France 2013-2022
- Leading car insurance companies' market share South Korea 2016-2021
- Brazil: fastest growing insurance companies 2019, by net premiums growth
IRDA (India). (December 23, 2022). Market share of general and health insurers in India from financial year 2017 to 2022, by type of insurer [Graph]. In Statista. Retrieved December 02, 2023, from https://www.statista.com/statistics/656287/non-life-insurers-market-share-india/
IRDA (India). "Market share of general and health insurers in India from financial year 2017 to 2022, by type of insurer." Chart. December 23, 2022. Statista. Accessed December 02, 2023. https://www.statista.com/statistics/656287/non-life-insurers-market-share-india/
IRDA (India). (2022). Market share of general and health insurers in India from financial year 2017 to 2022, by type of insurer. Statista. Statista Inc.. Accessed: December 02, 2023. https://www.statista.com/statistics/656287/non-life-insurers-market-share-india/
IRDA (India). "Market Share of General and Health Insurers in India from Financial Year 2017 to 2022, by Type of Insurer." Statista, Statista Inc., 23 Dec 2022, https://www.statista.com/statistics/656287/non-life-insurers-market-share-india/
IRDA (India), Market share of general and health insurers in India from financial year 2017 to 2022, by type of insurer Statista, https://www.statista.com/statistics/656287/non-life-insurers-market-share-india/ (last visited December 02, 2023)
Market share of general and health insurers in India from financial year 2017 to 2022, by type of insurer [Graph], IRDA (India), December 23, 2022. [Online]. Available: https://www.statista.com/statistics/656287/non-life-insurers-market-share-india/