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Non-life insurers record 6.7% growth in gross premiums in January

This comes after a double-digit growth in premiums in December and low single-digit growth in November, preceded by contraction in September and October

Topics
Non-life insurers | insurance premium growth | general insurers

Subrata Panda 



Insurance
Overall, the non-life insurance industry registered a 2.7 per cent growth in its YTD premiums to Rs 1.63 trillion compared to Rs 1.59 trillion in the same period of last financial year.

Gross premium underwritten by in January grew 6.7 per cent year on year (YoY) to Rs 18,488 crore compared to Rs 17,333.7 crore in the year ago period. This comes after a double digit growth in premiums in December and low single-digit growth witnessed in November, which was preceded by contraction in September and October.

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First Published: Tue, February 09 2021. 18:58 IST

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