The GDP of general insurers grew by 5.10 per cent at ₹2,57,861 crore in the year under review compared to ₹2,45,343 crore in same period of previous year
Gross Direct Premium (GDP) underwritten by general insurers increased 6.11 per cent in the financial year ended March 31, 2025 at ₹3,07,381 crore as against ₹2,89,673 crore in the previous fiscal year.
According to GDP flash figures of non-life insurers released by the Insurance Regulatory and Development Authority of India on Wednesday, the GDP of general insurers grew by 5.10 per cent at ₹2,57,861 crore in the year under review compared to ₹2,45,343 crore in same period of previous year.
The standalone private health insurers’ GDP surged 15.99 per cent at ₹38,413 crore (₹33,118 crore) while specialised PSU insurers’ GDP declined 0.93 per cent at ₹11,106 (₹11,211 crore) as per insurance regulator’s data. There are 34 registered non-life insurers in the country.
Published on April 23, 2025
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