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Health insurance share jumps to 40 8 percent of India non life industry in FY26
Economy
Published on 9 May 2026
The segment grew far faster than the industry overall
In FY26, health insurance cemented its spot as the biggest segment in India’s non-life insurance market. Its share rose to 40.8% from 38.6% a year earlier, while the segment expanded 15.4% to around Rs 1.4 lakh crore. Overall non-life premium growth was 9.3%, lifting gross direct premium income to nearly Rs 3.4 lakh crore.
- Health insurance’s share climbed to 40.8% in FY26
- Segment grew 15.4% to about Rs 1.4 lakh crore
- Overall non-life industry grew 9.3% in FY26
- Total gross direct premium income neared Rs 3.4 lakh crore
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times