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Number of new non-life insurance policies issued across India in financial year 2016 to 2024, by sector (in millions)

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Source

Release date

November 2024

Region

India

Survey time period

FY 2016 to FY 2024

Supplementary notes

*Data excludes standalone health insurers and specialized insurers.

Values were rounded.

India's financial year begins in April and ends in March. For example, FY 2025 started in April 2024 and ended in March 2025. 

Previous reports have been accessed for historical data.

Citation formats

Non-life insurance policies issued in India FY 2016-2024, by sector

Published by Jenny Yang, Jul 9, 2025
In the financial year 2024, around *** million private non-life insurance policies were issued across India. There was an increase in the public sector, with over ** million non-life insurance policies issued that year.
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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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