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Non-life insurance premiums up 16% in June
Business Standard
|July 08, 2026
India’s non-life insurance industry recorded its fastest monthly premium growth in five months in June, with gross direct premium underwritten rising 15.9 per cent year-on-year (Y-o-Y) to ₹ 24,194.56 crore, driven by strong growth in the general and standalone health insurance segments.
The industry last recorded comparable double-digit growth in January 2026, when gross direct premium underwritten had risen 14.9 percent Y-o-Y. According to data released by the General Insurance Council, premiums underwritten by general insurers rose 14.3 per cent Y-o-Y to ₹ 22,771.94 crore while standalone health insurers posted 30.9 per cent rise to ₹ 4,373.34 crore. However, premiums of specialised insurers fell 73.6 per cent to ₹ 51.06 crore.
This story is from the July 08, 2026 edition of Business Standard.
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