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Wednesday, December 03, 2025 | 09:19 AM ISTहिंदी में पढें
Pent-up demand boosted retail health insurance segment in October
According to data released by the General Insurance Council, standalone health insurers (SAHI) reported 38.3 per cent Y-o-Y growth in premiums for October, reaching ₹3,738.34 crore
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Public multi-line insurers logged GDPI growth of 11.4 per cent, outperforming private multi-line insurers, which reported a contraction of 3.4 per cent.
Even as non-life insurers reported muted premium growth in October, standalone health insurers saw a robust 38 per cent year-on-year (Y-o-Y) surge. This growth was driven by pent-up demand in the retail health insurance segment.
It was also supported by the normalisation of goods and services tax (GST) — which improved affordability — and the normalisation of 1/n accounting norms.
According to data released by the General Insurance Council, standalone health insurers reported a 38.3 per cent Y-o-Y growth in premiums for October, reaching ₹3,738.34 crore.
Among major players, Star Health and Allied Insurance recorded a 22.5 per cent growth
Topics : Health Insurance GST Revamp Insurance industry
