The 32 non-life insurance coverage firms in the nation had reported gross direct premium of Rs 13,842.27 crore in June 2020.
Of these, the 25 basic insurance coverage firms registered 4.9 per cent rise in gross direct premium through the month at Rs 13,041.51 crore as towards Rs 12,435.71 crore in the year-ago interval.
The 5 standalone personal sector well being insurers witnessed 46.6 per cent soar in gross direct premium at Rs 1,556.89 crore from Rs 1,061.94 crore in June 2020.
Two specialised PSU insurers– Agricultural Insurance Company of India and ECGC Ltd — reported decline of 38.8 per cent in mixed gross direct premium through the month at Rs 210.87 crore from Rs 344.62 crore a yr in the past.
Cumulatively, the premium written by all of the gamers throughout April-June 2021-22 was up 13.8 per cent to Rs 44,434.96 crore as towards Rs 39,054.82 crore in the identical interval of 2020-21.