Non-life insurers record 2% premium growth in September, Bajaj Allianz General Insurance leads the way

Non-life insurers record 2% premium growth in September, Bajaj Allianz General Insurance leads the way

The non-life insurance sector in India has reported a modest 1.94% year-on-year growth in gross direct premium to Rs 23,430 crore in September. This growth was driven primarily by an increase in standalone health insurance premiums. The largest general insurer, New...
HDFC Ergo and Tata AIG have joined other insurers in reducing distributor commissions.

HDFC Ergo and Tata AIG have joined other insurers in reducing distributor commissions.

The Indian government has introduced a significant change in the Goods and Services Tax (GST) on individual health and life insurance premiums, reducing it from 18% to 0% effective September 22, 2025. However, this change also means that insurance companies can no...
Non-life insurers record 2% premium growth in September, Bajaj Allianz General Insurance leads the way

CRED has expanded its insurance network by partnering with Bajaj Allianz, Tata AIG, and United India on its garage platform.

CRED, a fintech company, has expanded its motor insurance offerings on its CRED Garage platform by partnering with three new insurance providers: Bajaj Allianz General Insurance, Tata AIG, and United India Insurance. This brings the total number of insurance providers...
Sharp premium drop hits general insurers in August; New India Assurance down 47% MoM

Insurance premium collections rose in August, driven by Bajaj Allianz and New India Assurance.

The Indian general insurance sector experienced modest year-on-year growth in premium collections for August, according to data from the General Insurance Council. However, several major players reported significant sequential declines in premiums compared to July....