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Pvt general insurers' mkt share expands
Mint Mumbai
|November 27, 2023
Private general insurers increased their combined market share to 53.58% in gross direct premium underwritten in the first half of the current fiscal year from 50.81% in the year-ago period.
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As many as 31 insurers from the non-life industry had underwritten gross direct premiums of ₹1.43 trillion in the first half of the current fiscal year, according to data on segment-wise gross direct premiums up to September 2023 released by the Insurance Regulatory and Development Authority of India (Ir
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