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Non-life insurers see 13.2% rise in premiums in April-Nov: Irdai Report

While the private non-life insurers saw a significant growth of 23.40%, the state-owned ones reported a marginal rise of 2.26% in the April-Nov period of 2018

Irdai, insurers, brokers, GIC
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Total gross direct premiums underwritten by non-life insurers for the April-November period has jumped 13.24 per cent over the same period last year, according to figures released by the Insurance Regulatory and Development Authority of India (Irdai).   Total premiums underwritten by general insurers (non-life insurers, stand-alone health insurers and specailised PSU insurers) amounted to Rs 1,087.26 billion in the April-November period as opposed to Rs 960.1 billion in the same period last year.   While the private non-life insurers saw a significant growth of 23.40 per cent, ...