India's non-life insurers collect Rs 1.8 lakh crore gross direct premium in April-September 2026 with 8.92% growth, standalone health insurers grow fastest

Key facts

• India's non-life insurance industry recorded 8.92% growth in gross direct premium to Rs 1.8 lakh crore during April-September 2026, as per provisional data released by the General Insurance Council.
• Excluding specialised insurers, industry premium grew 11.74% to Rs 1.76 lakh crore from Rs 1.58 lakh crore in the year-ago period.
• Standalone health insurers posted 30.69% growth in gross direct premium during April-September, taking premiums to Rs 25,586 crore from Rs 19,578 crore.
• Care Health Insurance led larger standalone health insurers with 42.23% growth to Rs 6,193 crore, followed by Aditya Birla Health Insurance (36.14% to Rs 3,703 crore) and Niva Bupa (33.35% to Rs 4,634 crore); Star Health & Allied Insurance grew 19.31% to Rs 9,562 crore.
• Among private general insurers, ICICI Lombard recorded 5.43% growth to Rs 15,110 crore, Tata AIG grew 25.52% to Rs 12,187 crore, Bajaj General Insurance grew 10.76% to Rs 12,798 crore, and HDFC ERGO grew 26.61% to Rs 9,348 crore.
• Specialised insurers' cumulative premium fell 51.11% to Rs 3,608 crore, with Agriculture Insurance Company of India reporting a 57.24% decline to Rs 2,867 crore.
• In September 2026, non-specialised insurers reported 15.01% premium growth to Rs 30,820 crore, while the overall industry including specialised insurers grew 6.12% to Rs 32,951 crore.
• New India Assurance reported premium of Rs 22,667 crore during April-September, while Oriental Insurance and United India Insurance recorded growth of 2.81% and 9.01% respectively.