Gross direct premiums underwritten by non-life insurers in India rose by approximately 8.3 percent year-on-year to ₹36,417.67 crore in April 2026, according to data from the General Insurance Council. This growth was driven primarily by increases across various segments within the industry.

Standalone health insurance companies led the surge, recording a significant 34.5 percent rise in premiums to around ₹3,945.52 crore. Specialized insurers also experienced notable growth, with premiums increasing by approximately 31.6 percent to ₹122.95 crore during the month.

General insurance companies posted a more moderate increase, with gross direct premiums climbing 5.7 percent year-on-year to ₹32,349.2 crore. Among the largest players, New India Assurance, the country's biggest general insurer, reported a 0.97 percent increase in premiums to ₹6,084.96 crore. ICICI Lombard, a prominent private sector insurer, saw premiums grow by 1.72 percent to ₹3,654.01 crore.

Other key general insurers also reported positive growth figures. Bajaj Allianz General Insurance recorded a 10.93 percent rise in premiums to ₹2,665.55 crore, while Oriental Insurance Company’s premium income increased by 1.54 percent to ₹2,670.25 crore. United India Insurance Company saw a 1.15 percent increase in premiums, reaching ₹2,117.24 crore.

The data highlights that while overall non-life insurance premiums are growing steadily, the health insurance sector continues to outperform other segments, reflecting increased demand and focus on health coverage. The general insurance segment’s modest growth suggests a stable expansion, with leading companies showing varying rates of premium increase. The industry's performance in April builds on the upward trend observed in the previous month, when non-life insurers reported an 8.8 percent year-on-year increase in premium collections.

This mixed pattern of growth demonstrates robust activity within the insurance sector, with health insurance emerging as a crucial driver of premium income growth, while general insurance companies maintain steady advances across their portfolios.