Non-life insurers’ gross direct premium up 6.11% at ₹3.07 lakh cr in FY25

The GDP of general insurers grew by 5.10 per cent at ₹2,57,861 crore in the year under review compared to ₹2,45,343 crore in same period of previous year

Gross Direct Premium (GDP) underwritten by general insurers increased 6.11 per cent in the financial year ended March 31, 2025 at ₹3,07,381 crore as against ₹2,89,673 crore in the previous fiscal year.

According to GDP flash figures of non-life insurers released by the Insurance Regulatory and Development Authority of India on Wednesday, the GDP of general insurers grew by 5.10 per cent at  ₹2,57,861 crore in the year under review compared to  ₹2,45,343 crore in same period of previous year. 

The standalone private health insurers’ GDP surged 15.99 per cent at ₹38,413 crore (₹33,118 crore) while specialised PSU insurers’ GDP declined 0.93 per cent at  ₹11,106 (₹11,211 crore) as per insurance regulator’s data.  There are 34 registered non-life insurers in the country.

Published on April 23, 2025