Crop, fire insurance premiums fall 31%, 26.6% in H1 FY27 amid pricing pressure
In the first half of FY27, crop insurance premiums fell by 31% due to lower rates and discounts. Fire insurance premiums also decreased by 26.6% amidst price competition and discounts across the sector. Public sector insurers saw a sharper decline in crop insurance compared to general insurers, impacting overall growth. Non-life insurance premiums grew 6.1% year-on-year, and health insurance experienced a 20.2% increase.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Wow
0
Sad
0
Angry
0
Comments (0)