National premium income increased 11.06% with respect to previous year 2020-21.
The top 5 States account for more than ₹117,000 Cr. Of Premium Income in FY 2021-22, representing over half of the total Premium Income of the country.
Among the states ranked top 10 according to amount of premium earned, states with most significant increase in premium income with respect to previous year are, Maharashtra (12%), Karnataka (18%), Gujarat (24%), Delhi (17%), Madhya Pradesh (13%), and Haryana (18%)
12 States/Union Territories account for more than ₹ 5000 Cr. Of Premium Income in FY 2021-22.
Number of Insurance offices increased from 2012-13 till 2018-19, after that the growth plateaued.
