Health Insurance Dominates Non-Life Premiums in FY25, Growth Slows

• Health insurance led India's non-life sector in FY25, contributing 41.4% of total premiums.
• Despite dominance, health insurance growth sharply slowed to 9.19% in FY25 from 19.50% in FY24.
• Motor insurance was the second-largest contributor (32.21%), growing 7.97% to Rs 99,093 crore.
• Fire insurance premiums declined by 5.58%, while marine insurance saw an 8.10% increase.
• Non-life insurers strengthened capital base, adding Rs 1,144 crore in equity capital in FY25.

Why It Matters: Health insurance remains the largest segment in non-life premiums despite a significant slowdown in growth.