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Standalone Health Insurers Charge to 13.6% Market Share!

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Standalone Health Insurers Charge to 13.6% Market Share!

Hey there, ninja fans! Standalone health insurers are charging ahead, boosting their market share to 13.6% in FY26 from 12.5% last year! Thanks to a super cool zero percent GST on health policies, they're leveling up! Meanwhile, general insurers took a tiny step back, but don’t worry, they’ll bounce back like a true ninja! Believe it!

few days ago | Aathira Varier

Quick rundown

1.Standalone health insurers gained market share in FY26.
2.GST on retail health insurance policies dropped to zero in September 2025.
3.General insurers' market share slightly decreased in FY26.
4.Private sector insurers saw a marginal increase in market share.
5.The insurance market dynamics shifted due to GST rationalization.

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