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Commission expenses among Indian non-life insurers FY 2020 by segment and type

In financial year 2020, the non-life insurers in India spent most of their commissions in the motor segment with around 23 billion Indian rupees in the public sector and 36 billion Indian rupees in the private segment. Thereby, motor was one of the fastest growing segments as well.

Value of non-life insurers' commission expenses in India in financial year 2020, by segment and type

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Source

Release date

February 2021

Region

India

Survey time period

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).

Values have been rounded for clarity.

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