Non-life insurers' gross premiums underwritten grow 12.65% in Apr-Jan FY19

Non-life insurers, which include private and state-owned general insurers, standalone health insurers, and specialised PSU insurers, have registered a 12.65 per cent growth in gross premiums underwritten by them in April-January FY 19 over the same period in FY 18.

According to figures released by the insurance regulator, Irdai, gross direct premiums underwritten by the non-life insurers in April – January period of FY 19 was to the tune of Rs 1.39 trillion as opposed to Rs 1.23 trillion over the same period in FY 18.

While the private general insurers have earned premiums to the tune of Rs 67, 570.14 crore