India’s Non-Life Insurance Could Grow Up to 11% as Regulator Rewrites Market Access

India’s Non-Life Insurance Could Grow Up to 11% as Regulator Rewrites Market Access

India’s non-life insurance industry is poised for steady medium-term growth of 8% to 11%, supported by a strong economic backdrop and sweeping regulatory reforms aimed at expanding insurance access, according to CareEdge Ratings. The sector’s gross domestic premium (GDP) reached ₹3.07 lakh crore in FY2025, reflecting a robust compound annual growth rate (CAGR) of 10.4% […]

India’s Life Insurance Industry Surges 40% YoY in December 2025

India’s life insurance industry recorded its strongest monthly performance in nearly two years in December 2025, signalling a solid recovery after earlier contractions in the year. According to CareEdge Ratings, new business premiums rose 39.5% year on year to $4.6 billion (₹421.5 billion) in December. This marks a sharp rebound from the 5.2% contraction seen […]