ReferIndia News General insurers November premium income up 24%

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General insurers November premium income up 24%

Published on: Dec. 8, 2025, 10:28 a.m. | Source: The Economic Times

Indias general insurance industry saw strong growth in November, with Gross Direct Premium Income rising 24.1% year-on-year, driven by higher motor sales and increased retail health demand following the GST exemption. Standalone health insurers grew 35.8% YoY, while private multi-line insurers matched this momentum with 35.5% growth, far outperforming public-sector insurers, which saw a slight 0.4% decline.

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