In fiscal year 2024, specialized insurers in India sold around ** million insurance policies across the country. The reason for the increase in sold policies from around million policies in 2019 was the inclusion of crop insurances under the Pradhan Mantri Fasal Bima Yojana (PMFBY).
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IRDA (India). (November 25, 2024). Number of insurance policies sold by specialized insurers across India from financial year 2011 to 2024 (in millions) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/1076565/india-number-of-policies-sold-by-specialized-insurers/
IRDA (India). "Number of insurance policies sold by specialized insurers across India from financial year 2011 to 2024 (in millions)." Chart. November 25, 2024. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/1076565/india-number-of-policies-sold-by-specialized-insurers/
IRDA (India). (2024). Number of insurance policies sold by specialized insurers across India from financial year 2011 to 2024 (in millions). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/1076565/india-number-of-policies-sold-by-specialized-insurers/
IRDA (India). "Number of Insurance Policies Sold by Specialized Insurers across India from Financial Year 2011 to 2024 (in Millions)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 25 Nov 2024, /statistics/1076565/india-number-of-policies-sold-by-specialized-insurers/
IRDA (India), Number of insurance policies sold by specialized insurers across India from financial year 2011 to 2024 (in millions) ÌÇÐÄÆÆ½â°æ, /statistics/1076565/india-number-of-policies-sold-by-specialized-insurers/ (last visited August 01, 2026)
Number of insurance policies sold by specialized insurers across India from financial year 2011 to 2024 (in millions) [Graph], IRDA (India), November 25, 2024. [Online]. Available: /statistics/1076565/india-number-of-policies-sold-by-specialized-insurers/