IRDAI data show that while motor insurance premiums saw a 15.7 percent decline, health insurance premiums grew 13 percent YoY in the April 1-August 31 period. Demand for health products because of COVID-19, and non-renewal of vehicle insurance the main reasons.EXCLUSIVE: For the first time, health segment beats motor insurance
IRDAI data show that while motor insurance premiums saw a 15.7 percent decline, health insurance premiums grew 13 percent YoY in the April 1-August 31 period. Demand for health products because of COVID-19, and non-renewal of vehicle insurance the main reasons.
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