Premium score board September 2023

     

The premium growth at the end of September 2023 is 15 % driven by health and motor segments as in previous months. The high-growth segments continue to be Engineering, Motor, and Health. The Stand-Alone Health Insurance (SAHI) companies continue to improve the growth rate in health segment. The growth percentage in fire and marine and liability has dipped with marine and liability segments registering negative growth rate for the past few months. The total premium of the non-life industry up to September month this year stands at Rs 143,801 crores, as opposed to the previous year's total up to the month of Rs 125,192 crores.