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Health insurance dominates premium mop-up; motor and crop recover

General insurers have seen Covid-related health claims mount, especially after the second wave of the pandemic

Health Insurance | insurance premium | Auto sales

Subrata Panda  |  Mumbai 

In a note, CARE said non-life premiums are expected to be driven by the continued uptick in the health segment

The motor insurance segment — which has struggled to gather pace in premium collection — is showing signs of recovery, with the segment registering a 6 per cent YoY growth rate till August this year. However, it is still down 11 per cent compared to the pre-pandemic period.



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First Published: Wed, September 22 2021. 23:59 IST