General insurers' premium up by 19.3% in April-Feb period

Private general insurers lead the pack with 22.7% premium growth

General insurance companies posted a 19.3% rise in premium collection for the April to February period.

The industry collected total premiums of Rs 61,885.11 crore compared to Rs 51,855.46 crore in the same period previous fiscal.

Private general insurers lead the growth path and saw a 22.7% growth in premium collection.

They collected total premium of Rs 26, 655.35 crore.

Public general insurers, on the other hand, collected Rs 35,229.76 crore in the same period, up 16.8% from the same period previous fiscal.