OtherBusiness Standard
Non-life insurance premiums rise 10.5% in October
Positive+13
GreyOak summary
Non-life insurance premiums in India grew 10.5% year-on-year to Rs 32,760.81 crore in October, driven by a 21.3% surge in the standalone health segment. Multi-line general insurers saw a 10.15% increase, while specialized public sector insurers declined over 60%. Leading players like Star Health and HDFC ERGO reported significant growth.
What it affects
- Financial ServicesPositive +13
Non-life premiums rose 10.5% in October.Rolling sentiment Neutral +7
