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Non-life insurance premium rises 8.9% to Rs 1.8 lakh crore in H1 FY27, health segment leads growth

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Non-life insurance premium rises 8.9% to Rs 1.8 lakh crore in H1 FY27, health segment leads growth

Non-life insurance premium rises 8.9% to Rs 1.8 lakh crore in H1 FY27, health segment leads growth

Non-life insurers excluding specialised companies recorded 11.74% growth in gross direct premium during April-September, while standalone health insurers posted 30.69% growth in the period, according to data released by the General Insurance Council.

India’s non-life insurance industry recorded 8.92% growth in gross direct premium to Rs 1.8 lakh crore during April-September 2026, even as a sharp contraction in premiums written by specialised insurers, particularly the agriculture insurance segment, weighed on the overall growth rate, according to provisional data released by the General Insurance Council . Excluding specialised insurers, the industry’s premium growth was significantly stronger at 11.74%, with gross direct premium rising to Rs 1.76 lakh crore from Rs 1.58 lakh crore in the corresponding period last year. In September alone, non-specialised insurers reported a 15.01% increase in premium to Rs 30,820 crore. Advt

12% from Rs 31,052 crore a year earlier. 65 lakh crore in the year-ago period. Health insurance emerges as key growth engine Standalone health insurers continued to significantly outperform the broader non-life insurance market. 69% growth in gross direct premium during April-September, taking premiums to Rs 25,586 crore from Rs 19,578 crore a year earlier. 23% to Rs 6,193 crore during the period. 35% growth to Rs 4,634 crore.



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