India’s state insurers continue market share loss to private sector: GlobalData

Share!

Reinsurance News - Mar 08, 2023

The combined market share of state-owned general insurers in India has dropped from 51.3% in 2017 to 40.8% in 2021, while gross written premiums (GWP) of private insurers grew by 15.7% during this time, suggests a new report from GlobalData. Along with lower growth in GWP (which crept at a CAGR of 4...

Read Full Article

Recommended Articles

Capgemini report finds physical AI expected to scale within five years despite deployment barriers

Posted: Apr 16, 2026

Capgemini Research Institute, the research division of the Capgemini, has published the report Physi...

Beazley plans new Marine War insurance consortium to expand market capacity

Posted: Apr 16, 2026

Beazley, a large specialist insurer, has announced plans to establish a new Marine War insurance con...

Marsh CEO Doyle ‘pleased’ with Guy Carpenter’s execution in Q1’26 in spite of headwinds

Posted: Apr 16, 2026

John Doyle, President and Chief Executive Officer (CEO) of global insurance and reinsurance broking...