
Health insurance led India's non-life insurance sector in FY25, contributing 41.42% of total premiums, despite a growth slowdown to 9.19% from 19.50% in the prior year. Motor insurance remained the second-largest segment, growing 7.97% to Rs 99,093 crore and increasing its market share slightly. The report highlights rising medical costs and post-pandemic awareness as drivers for health insurance, while motor premium growth is linked to increased vehicle sales.
Select a news story to see related coverage from other media outlets.