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Motor insurance share falls below 30% as health premiums surge

By Economic Times - 3 months ago
Motor insurance's contribution to non-life industry premiums dropped below 30% amid sluggish car sales, while health insurance premiums surged. The non-life sector experienced 13.3% growth, driven primarily by a 16.6% rise in health insurance premiums, contrasting with motor insurance's 11.9% growth. Health insurance now represents 41.1% of premiums.

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