Insurance Density representing the per capita spend on Non-Life Insurance Premium has almost increased to three fold since 2011-12.

Chart 1.3.1Insurance Density

Source: RBI: Average INR-USD exchange rate
Council Compilation: Gross Domestic Premium
Note: Population figures taken from Census and associated publications 2020-21 are provisional.
Rate of exchange from RBI are as on 31st March of the respective year.