General Insurers Post Broad November Growth; Bajaj General Leads 193% Surge

• General and health insurers posted strong year-on-year premium growth in November, sustaining momentum from October.
• Bajaj General Insurance led the surge with a 193.1% YoY increase in premiums, reaching ₹3,999.4 crore.
• Niva Bupa Health reported a 47.1% YoY rise to ₹738 crore, and Star Health grew 19.6% to ₹1,460 crore.
• Go Digit General posted 20% YoY growth, while ICICI Lombard General and New India Assurance saw 7.4% and 10.8% YoY increases, respectively.
• The consistent growth over two months indicates broadening demand in the sector, supported by retail traction and policy tailwinds.

Why It Matters: Strong insurance growth reflects increasing demand and market expansion.