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Market share of general insurers across India from financial year 2002 to 2021, by type

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Source

Release date

December 2021

Region

India

Survey time period

FY 2002 to FY 2021

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.

Citation formats

Market share of general insurers in India FY 2002-2021, by type

Published by Jenny Yang, Dec 23, 2021
In financial year 2021, the private insurers across India held around ** percent of the industry's market share, compared to ** percent by public sector multi-line insurers. Standalone health insurers had a market share of around percent and specialized insurers had a market share of over *** percent. Whereas private health insurers and specialized insurers gained market share compared to the previous year, the public sector insurers lost slightly.
In financial year 2002, public insurers held over ** percent of the market share. In financial year 2019, the private insurers took the lead for the first time.
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