Insurance

Gross Premiums Written In India (US$ bn) Growth In Life Insurance Premiums (US$ bn)

94.5

41.0
37.7
84.7

35.3
33.3
71.8

30.1

30.1
60.7 64.0

27.3

27.2
26.3
56.0
Market Size 49.0

21.5
18.6
17.7

17.6
13.4

13.1
8.6
FY12 FY13 FY14 FY15 FY16 FY17 FY18
FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19*
New Business Premium Renewal Premium
Note: New business premium is up to September 2018 and Renewal premium is up to June 2018
Non-Life Insurance Market In India (FY18)

Motor
26.3% 39.4%
Health
Sector
US$ 23.38
1.9% Fire
billion Composition
7.2% Marine

25.2% Others

Share Of Private Sector In Life Insurance Share Of Private Sector In Non-Life Insurance

31.8%
50.0%
Key Trends

2% 15.0%

FY03 FY19* FY04 FY19*

Note: * up to September 2018

Government
Pradhan Mantri Pradhan Mantri
Jeevan Jyoti Beema Swasthya Bima Initiatives
Yojana Atal Pension Plan Yojana