<ul data-eligibleForWebStory="false"><li>Non-life insurers in India reported a 5.05% year-on-year growth in gross direct premium to Rs 19,916 crore in June, driven by growth in standalone health insurance premium.</li><li>The largest general insurer, New India Assurance, saw a 10.6% YoY increase in premiums to Rs 3,328 crore, while the second largest player, ICICI Lombard General Insurance, experienced a 10.4% decline to Rs 1,987 crore.</li><li>Among state-owned insurers, United India Insurance reported an 11.4% YoY rise, National Insurance saw a 26% growth, and Oriental Insurance's premiums rose 13.5% in June.</li><li>Standalone health insurers also showed strong growth, with a 10.4% YoY increase in premiums in June, reaching Rs 3,340 crore. Niva Bupa Health Insurance logged a 15.5% growth to Rs 594 crore, and Star Health and Allied Insurance reported a 2.8% YoY growth to Rs 1,338 crore.</li></ul>

Non-Life Insurers Post 5% Premium Growth In June, Shows Data

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