India: health insurance premium by sector 2021

In the fiscal year of 2021, public sector health insurers across India recorded insurance premiums worth 272 billion Indian rupees. That same year private sector health insurers saw premiums aggregating to nearly 159 billion rupees and standalone health insurers recorded around 151 billion Indian rupees. In total the value of health insurance premiums reached more than 582 billion Indian rupees for the first time.

Value of health insurance premium in India from financial year 2016 to 2021, by sector (in billion Indian rupees)

Characteristic	Public sector general insurers	Private sector general insurers	Standalone health insurers
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Release date

December 2021

More information

Region

India

Survey time period

FY 2016 to FY 2021

Supplementary notes

One Indian rupee is equal to 0.013 U.S. dollars and 0.012 euros (as of February 2022).

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

Figures have been rounded for clarity.

Previous reports have been accessed.

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