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Market share of non-life insurers in India in the financial year 2024, by company

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Source

Release date

July 2024

Region

India

Survey time period

FY 2024

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.

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Market share of non-life insurers in India FY 2024, by company

Published by Jenny Yang, Jul 3, 2025

In the fiscal year 2024, the New India Assurance Company held a market share of around ** percent based on the gross direct premium underwritten by non-life insurers in India. Following closely was ICICI Lombard General Insurance Company, with a market share of **** percent. Among the standalone health insurers, Star Health and Allied Insurance led the segment, capturing over **** percent of the market share.

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Statistics on " Non-life insurance in India "

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Other statistics that may interest you Non-life insurance in India

Overview

5

Types of insurers

6

Health insurance

3

Motor insurance

3

Other insurances

5

Key players

4

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Topics

Non-life insurance industry in IndiaLife insurance worldwideValuation of non-life insurance sector in global perspectiveInsurance industry in IndiaGlobal insurance industry
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