Non-life insurance policies issued in India FY 2015-2023, by sector

Published by Sandhya Keelery, Aug 30, 2024
In the financial year 2023, almost 170 million private non-life insurance policies were issued across India. Decreasing trend can be seen in public sector with over 60 million non-life insurance policies issued that year.

Number of new non-life insurance policies issued across India in financial year 2016 to 2023, by sector (in millions)

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Release date

December 2023

Region

India

Survey time period

FY 2015 to FY 2023

Supplementary notes

*Data excludes standalone health insurers and specialized insurers.

Values were rounded.

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

Previous reports have been accessed for historical data.

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