Insurance Density representing the per capita spend on Non-Life Insurance Premium has almost increased to three fold since 2012-13. From ₹1466 of previous year Insurance density increased to ₹1563 this year.

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. 2021-22 figures are provisional.