Non-life insurance premiums rise 10.5% in October
In short
Gross direct premiums in non-life insurance rose to ₹32,760.81 crore in October. Standalone health insurers grew 21.3%, faster than the wider industry’s 10.5% increase.
What the reporting says
Gross direct premiums rose to ₹32,760.81 crore in October, with standalone health insurers posting 21.3% growth and leading the broader non-life insurance industry. The Business Standard summary says the health insurers outpaced the sector, which saw overall premium growth of 10.5% for the month. The figures point to stronger momentum in health cover within non-life insurance.
Why it matters
Gross direct premiums in the non-life insurance industry rose to ₹32,760.81 crore in October, while standalone health insurers grew 21.3%. The reported 10.5% sector growth suggests health insurance was the strongest segment within non-life cover. The figures matter to insurers and investors watching premium trends across the broader insurance market.