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Non-life Insurers Crush It with 9.3% Premium Growth

Non-life Insurers Crush It with 9.3% Premium Growth

Folks, hold onto your hats! Non-life insurance is absolutely crushing it with a staggering 9.3% growth in premiums—that’s $3.36 trillion in FY26! Thanks to the health insurance boom and a fantastic GST cut from 18% to zero! I told you this would happen—big wins are coming, folks! It’s a tremendous victory for everyone involved!

Quick rundown

  1. Non-life insurance premiums grew by 9.3% in FY26.
  2. Health insurance segment boosted industry growth.
  3. GST rate cut to nil played a significant role.
  4. Insurance premiums reached ₹3.36 trillion in FY26.
  5. GST rationalisation positively impacted the industry.

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