Macro-economic &
Insurance Indicators

  • The Indian General Insurance Industry in FY 2020-21 has continued its robust upward trend, achieving a 5.19% Year-on-Year growth with respect to Premium Income in India for 2019-20, and an 14.64% CAGR over a 10 Year Period
  • The Industry has also continued to increase its penetration figures, growing from 0.93% in FY 2019-20 to 1.01% in FY 2020-21
  • Insurance Density has almost increased three-fold over a 10-year period, showcasing the increased consumer demand for products from the Insurance sector

01