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The non-life insurance industry in India witnessed robust growth in FY24, with health insurance premiums exceeding Rs 1 trillion and motor insurance crossing Rs 90,000 crore mark. Government schemes like Ayushman Bharat contributed significantly to the growth. Industry experts project a medium-term growth rate of 13-15% driven by health and motor insurance segments. ....
Business News: Insurance industry: Balancing the board rashtranews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rashtranews.com Daily Mail and Mail on Sunday newspapers.
After seeing a rise in its demand post COVID, India s retail health insurance sector still has the potential to give a 20% return on equity, says report ....
In order to provide insurance cover to fertilisers imported from Russia and Belarus, the Indian insurance sector has created a Rs 500 crore fertiliser pool , said a senior industry official. Indian Insurers Create Rs 500 Crore Fertiliser Pool to Cover Imports From Russia and Belarus. ....
Over a period of 12 years, the returns under equity schemes are more than 12 per cent, and in government securities, it was close to 9.9 per cent, said PFRDA Chairman Supratim Bandyopadhyay. ....