Document Detail
Title: GDP flash Figure of Non-Life Insurers up to December 2024
Reference No.: GDP flash Figure of Non-Life Insurers up to December 2024
Date: 23/04/2025
GDP flash Figure of Non-Life Insurers up to December 2024
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA | ||||||||
FLASH FIGURES - NON LIFE INSURERS (Provisional & Unaudited) | ||||||||
GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE MONTH OF DECEMBER, 2024 | ||||||||
(Rs. in crores) | Market Share upto the Month of Dec, 2024 (%) | Growth over corresponding period of Previous Year (%) | ||||||
S.No. | Insurers | For the Month of DEC | Upto the Month of DEC | |||||
2024-25 | 2023-24 | 2024-25 | 2023-24 | |||||
1 | Acko General Insurance Limited | 172.67 | 167.48 | 1555.83 | 1363.76 | 0.68% | 14.08% | |
2 | Bajaj Allianz General Insurance Company Limited | 1330.91 | 1425.10 | 17112.45 | 15540.13 | 7.44% | 10.12% | |
3 | Cholamandalam MS General Insurance Company Limited | 634.55 | 617.44 | 6095.05 | 5525.39 | 2.65% | 10.31% | |
4 | Future Generali India Insurance Company Limited | 236.57 | 362.13 | 3716.76 | 3352.38 | 1.62% | 10.87% | |
5 | Go Digit General Insurance Limited | 636.14 | 602.78 | 6491.19 | 5970.54 | 2.82% | 8.72% | |
6 | HDFC Ergo General insurance Company Limited | 945.46 | 1671.32 | 12211.91 | 13404.03 | 5.31% | -8.89% | |
7 | ICICI Lombard General Insurance Company Limited | 1962.20 | 1979.81 | 20622.81 | 18702.72 | 8.96% | 10.27% | |
8 | IFFCO Tokio General Insurance Company Limited | 724.44 | 887.34 | 6310.75 | 7625.39 | 2.74% | -17.24% | |
9 | Kshema General Insurance Company Limited | 5.35 | 149.26 | 715.32 | 514.66 | 0.31% | 38.99% | |
10 | Liberty General Insurance Limited | 153.26 | 143.19 | 1701.18 | 1646.23 | 0.74% | 3.34% | |
11 | Magma General Insurance Limited | 225.96 | 250.43 | 2245.55 | 2023.46 | 0.98% | 10.98% | |
12 | National Insurance Company Limited | 1110.75 | 956.23 | 12884.59 | 11754.97 | 5.60% | 9.61% | |
13 | NAVI General Insurance Limited | 4.81 | 5.91 | 41.86 | 48.15 | 0.02% | -13.05% | |
14 | Raheja QBE General Insurance Company Limited | 14.15 | 27.84 | 311.44 | 161.74 | 0.14% | 92.56% | |
15 | Reliance General Insurance Company Limited | 1004.81 | 959.70 | 10274.95 | 9206.10 | 4.47% | 11.61% | |
16 | Royal Sundaram General Insurance Company Limited | 287.99 | 334.04 | 2818.67 | 2629.03 | 1.22% | 7.21% | |
17 | SBI General Insurance Company Limited | 1018.83 | 1001.13 | 9404.37 | 8513.99 | 4.09% | 10.46% | |
18 | Shriram General Insurance Company Limited | 351.87 | 283.01 | 2654.34 | 2159.80 | 1.15% | 22.90% | |
19 | Tata AIG General Insurance Company Limited | 1506.95 | 1209.49 | 13244.53 | 11206.31 | 5.76% | 18.19% | |
20 | The New India Assurance Company Limited | 4335.66 | 4070.17 | 29448.66 | 28451.60 | 12.80% | 3.50% | |
21 | The Oriental Insurance Company Limited | 1909.84 | 1711.13 | 14896.13 | 13536.44 | 6.47% | 10.04% | |
22 | United India Insurance Company Limited | 1438.14 | 1577.02 | 14304.69 | 14052.03 | 6.22% | 1.80% | |
23 | Universal Sompo General Insurance Company Limited | 395.97 | 387.07 | 4017.70 | 3724.66 | 1.75% | 7.87% | |
24 | Zuno General Insurance Limited | 95.96 | 85.89 | 736.59 | 580.47 | 0.32% | 26.90% | |
25 | Zurich Kotak General Insurance Company Limited | 161.26 | 145.14 | 1400.60 | 1075.14 | 0.61% | 30.27% | |
General Insurers Total | 20,664.49 | 21,010.03 | 1,95,217.91 | 1,82,769.09 | 84.83% | 6.81% | ||
26 | Aditya Birla Health Insurance Company Limited | 401.33 | 311.68 | 3218.56 | 2399.41 | 1.40% | 34.14% | |
27 | Care Health Insurance Company Limited | 625.14 | 582.17 | 5996.67 | 4827.15 | 2.61% | 24.23% | |
28 | ManipalCigna Health Insurance Company Limited | 128.59 | 124.54 | 1209.68 | 1140.88 | 0.53% | 6.03% | |
29 | Niva Bupa Health Insurance Company Limited | 527.35 | 561.18 | 4683.59 | 3848.13 | 2.04% | 21.71% | |
Reliance Health Insurance Limited | 0.00 | 0.00 | 0.00 | 0.00 | 0.00% | #DIV/0! | ||
30 | Star Health & Allied Insurance Company Limited | 1384.43 | 1337.83 | 11607.79 | 10286.13 | 5.04% | 12.85% | |
31 | Narayana Health Insurance Limited | 0.37 | 0.00 | 0.77 | 0.00 | 0.00% | #DIV/0! | |
32 | Galaxy health Insurance Company Limited | 1.65 | 0.00 | 2.38 | 0.00 | 0.00% | #DIV/0! | |
Stand-alone Pvt Health Insurers | 3,068.86 | 2,917.40 | 26,719.44 | 22,501.71 | 11.61% | 18.74% | ||
33 | Agricultural Insurance Company of India Limited | 1145.40 | 1062.43 | 7224.24 | 7336.04 | 3.14% | -1.52% | |
34 | ECGC Limited | 126.67 | 112.05 | 956.33 | 881.48 | 0.42% | 8.49% | |
Specialized PSU Insurers | 1,272.07 | 1,174.48 | 8,180.57 | 8,217.52 | 3.55% | -0.45% | ||
GRAND TOTAL | 25,005.42 | 25,101.91 | 2,30,117.92 | 2,13,488.31 | 100.00% | 7.79% | ||
Note: Compiled on the basis of data submitted by the Insurance companies | ||||||||
*Takeover of Reliance Health Insurance portfolio by Reliance General Insurance | ||||||||