INSURANCE
Non-life insurers report marginal rise in gross direct premium underwritten for October
Nov-11-2025

The General Insurance Council in its latest data (Provisional) has showed that non-life insurers reported 5.29% rise in gross direct premium underwritten at Rs 29202.44 crore for the month of October 2025 (excluding specialised companies - Agricultural Insurance Company of India and ECGC) as compared to Rs 27735.92 crore in the October 2024. 

Of the total, general insurance companies, with market share of 84.02%, garnered gross direct premium underwritten of Rs 25464.1 crore in the month under review as compared to Rs 25032.86 crore in the corresponding month of previous year, registering a growth of 1.72%. Among all, premium of Acko General Insurance up by 55.39%, Navi General Insurance up by 42.05%, Tata AIG General Insurance Co up by 30.80%, Liberty General Insurance Co up by 24.45% and SBI General Insurance Co up by 22.02%.

Standalone health insurers, with market share of 11.98%, garnered gross direct premium underwritten of Rs 3738.34 crore in October 2025 as compared to Rs 2703.06 crore in October 2024, i.e. up by 38.30%. Among all, Narayana Health Insurance co up by 1400.00%, Niva bupa health insurance company up by 66.55%, ManipalCigna Health Insurance Co up by 60.52%, Aditya Birla Health Insurance Co up by 54.24% and Care Health Insurance up by 34.22%.

Specialised insurers showed de- growth of 77.70% in gross direct premium underwritten at Rs 415.16 crore in October 2025 as compared to Rs 1861.67 crore in the October 2024. Within the specialised insurers, premium of Agricultural Insurance Company of India down by 82.27%, while premium of ECGC was up by 1.73% in the month of October this year.

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