Health has become biggest business in general insurance: Irdai member

The pandemic has promoted people to buy health covers, as the uncertainty around the virus and its effects are rising with the number of infections going up daily

The health segment in non-life insurers' portfolio has become the biggest line of business, overtaking the motor insurance segment. In fact, by the end of the year, the health segment likely to be far ahead of motor, said T L Alamelu, member (non-life) of Insurance Regulatory and Development Authority of India (Irdai).

The pandemic has promted people to buy health covers, as the uncertainty around the virus and its effects are rising with the number of infections going up daily. This fear among people is aptly reflected in the huge response the Corona Kavach policy has got since launch. Corona Kavach