PolicyX.com Data Lab
Data Will Talk to You, If You are Willing to Listen | India’s Insurance Industry Insights
Insurance Density
95
$ per person (2024)

Insurance Penetration
3.70
% of GDP (2024)

Total General Insurers Premium
1,72,978
In (cr.) 2023-24

Total Premium - Life Insurance
8,29,929
In (cr.) 2023-24

Claim Settlement Ratio
2023-24
Life - Non Life (Year)

Solvency Ratio (Life)
2023-24
Life Insurer (Year)

Solvency Ratio (General)
2023-24
General Insurer (Year)

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