Section

General insurance growth slows to 4.5% in August amid slower auto sales

By Economic Times - 2 months ago
The general insurance industry experienced a modest 4.5% growth in August 2024, hindered by slower vehicle sales and no motor third party tariff hike. Standalone health insurers reported robust growth, with Niva Bupa Health Insurance leading the way. ICICI Lombard and Go Digit General Insurance saw increases in premiums, while New India Insurance and National Insurance faced declines.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.