Finance
EnglishNon-Life Insurance Premiums Soar Thanks to Health Insurance
In May 2026, non-life insurance premiums soared by 8.65% to ₹24,194.56 crore, all thanks to health insurance hitting the jackpot! General insurers enjoyed a 5.85% bump, while standalone health insurance companies skyrocketed with a stunning 31.74% increase. But wait! Some specialized insurers took a nosedive with a staggering 94.91% drop. It's a wild ride of ups and downs!
few days ago | Aathira Varier
Quick rundown
1.Non-life insurance premiums rose 8.65% in May 2026.
2.Standalone health insurance premiums surged by 31.74%.
3.New India Assurance saw a slight premium increase of 0.03%.
4.ICICI Lombard posted an 11.59% rise in premiums.
5.Overall non-life insurance industry premiums grew by 6.75% YoY.
