News Non-Life21 Aug 2026

India's non-life insurance premium growth slows to 5.7% in July


India's non-life insurance industry saw gross premiums grow 5.7 per cent year-on-year in July 2026, reaching INR31.398bn. According to data from the General Insurance Council, growth slowed sharply from 15.9 per cent in June, amid declines in fire and crop insurance that offset continued expansion in health and motor insurance. For April-July FY2027, however, non-life insurance premiums grew 9.5 per cent year-on-year, compared with 7.1 per cent during the same period a year earlier.

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