Motor third-party insurance growth slows to 9% in September 2026
In short
Motor third-party insurance premiums grew 9% year on year in September 2026. Overall motor insurance premiums rose 13% in the same month.
The report says insurers have cut back on this business after a Supreme Court ruling on compensation for homemakers. It does not say how much the ruling will affect future premiums.
What the reporting says
Motor third-party insurance premiums grew 9% year-on-year in September 2026, while overall motor insurance premiums rose 13% in the same month. The published report said insurers have reduced focus on third-party business after a Supreme Court ruling on compensation for homemakers, and that SBI General Insurance performed better than other private insurers in the segment. The exact impact of the ruling is not quantified.
Why it matters
Motor third-party insurance premiums rose 9% year-on-year in September 2026, while overall motor insurance premiums increased 13%. The source says insurers have reduced their focus on this segment after a Supreme Court ruling on compensation for homemakers. It also says SBI General Insurance did better than other private insurers in the third-party segment. The reporting does not quantify the likely effect on pricing or volumes.