PSUs drag August premium growth of non-life insurers
Tue, Sep 10, 2024 11:56 AM

PSUs drag August premium growth of non-life insurers

A Flip by Shubhangi Gupta
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The non-life insurance industry recorded its slowest growth of the current fiscal in August, dragged down by a decline in premiums at large state-run general insurers. The GDPW for the industry increased by a paltry 4.22% YoY to Rs 24,554 crore. Non-life insurers comprise public and private general insurance companies, standalone health insurers, and specialised public sector insurers.

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