Latest data of non-life insurance in India

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New Delhi – According to IRDAI reports, the public sector insurance companies i.e. National Insurance Co. Ltd., (5.25%), The New India Assurance Co. Ltd.,(12.75%),  The United India Assurance Co. Ltd. ( 6.38%),  and Oriental Insurance Company Limited (6.13%) totalling 30.51% of the total market share upto the month of March 2026.  

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA
FLASH FIGURES – NON LIFE INSURERS (Provisional & Unaudited)
GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE MONTH  OF MARCH, 2026
(Rs. in crores)Market Share upto the Month of MARCH, 2026 (%)Growth over corresponding period of Previous Year (%)
S.No.InsurersFor the Month of MARCHUpto the Month of MARCH
2025-262024-252025-262024-25
1Acko General Insurance Limited       234.02       182.15       2,587.05       2,065.040.77%25.28%
2Bajaj General Insurance Limited    1,384.28    1,410.68      23,178.51      21,416.816.90%8.23%
3Cholamandalam MS General Insurance Company Limited       660.75       678.96       7,762.00       8,124.312.31%-4.46%
4Generali Central Insurance Company Limited       326.89       527.85       5,233.34       5,408.211.56%-3.23%
5Go Digit General Insurance Limited       755.77       687.45       9,846.13       8,472.162.93%16.22%
6HDFC Ergo General Insurance Company Limited    1,566.14    1,507.19      15,025.20      15,817.284.47%-5.01%
7ICICI Lombard General Insurance Company Limited    2,185.18    1,807.91      28,712.46      26,773.008.55%7.24%
8IFFCO Tokio General Insurance Company Limited       767.49       627.21       8,928.02       8,312.342.66%7.41%
9Kshema General Insurance Limited       202.04         12.64       1,006.84          771.460.30%30.51%
10Liberty General Insurance  Limited       226.62       158.44       2,814.82       2,246.350.84%25.31%
11Magma General Insurance Limited       307.28       339.04       3,615.48       3,334.401.08%8.43%
12National Insurance Company Limited1459.81473.5917632.56167675.25%5.16%
13Navi General Insurance Limited         12.24         42.02          129.13            99.530.04%29.74%
14Raheja QBE General Insurance Company Limited         36.02         13.24          374.48          353.220.11%6.02%
15Indusind General Insurance Company Limited       897.78       660.27      12,236.60      12,548.373.64%-2.48%
16Royal Sundaram General Insurance Company Limited       398.50       308.37       4,396.25       3,763.181.31%16.82%
17SBI General Insurance Company Limited    1,688.72    1,545.15      15,904.44      13,889.654.73%14.51%
18Shriram General Insurance Company Limited       485.12       395.06       4,635.51       3,753.381.38%23.50%
19Tata AIG General Insurance Company Limited    1,779.73    1,592.51      20,050.31      17,702.835.97%13.26%
20The New India Assurance Company Limited    3,276.20    2,890.66      42,821.77      38,624.7612.75%10.87%
21The Oriental Insurance Company Limited    1,525.72    1,770.86      20,597.75      19,788.826.13%4.09%
22United India Insurance Company Limited    2,021.18    1,981.84      21,422.63      20,072.156.38%6.73%
23Universal Sompo General Insurance Company Limited       381.94       308.74       6,007.72       5,078.451.79%18.30%
24Zuno General Insurance Limited       115.06         84.16       1,219.31          992.300.36%22.88%
25Zurich Kotak General Insurance Company Limited       193.71       191.63       2,237.71       1,915.370.67%16.83%
  General Insurers Total      22,888.18     21,197.59      2,78,376.02      2,58,090.3882.87%7.86%
26Aditya Birla Health Insurance Company Limited       714.24       661.72       6,238.26       4,821.701.86%29.38%
27Care Health Insurance Limited    1,160.22       872.47      10,031.31       8,296.562.99%20.91%
28ManipalCigna Health Insurance Company Limited       251.56       230.31       2,212.97       1,797.560.66%23.11%
29Niva Bupa Health Insurance Company Limited    1,109.32       809.48       8,585.93       6,762.222.56%26.97%
 Reliance Health Insurance Limited               –                 –                    –                    –                 –                   –  
30Star Health & Allied Insurance Company Limited    2,567.37    2,218.19      18,605.61      16,716.215.54%11.30%
31Narayana Health Insurance Limited         16.79           0.62            43.73              2.370.01%1743.77%
32Galaxy health Insurance Company Limited         32.91           7.18          148.14            16.940.04%774.23%
  Stand-alone Pvt Health Insurers        5,852.41       4,799.97         45,865.95         38,413.5713.65%19.40%
33Agricultural Insurance Company of India Limited        -30.54       407.00      10,216.06       9,741.573.04%4.87%
34ECGC Limited       186.09       172.54       1,460.04       1,366.710.43%6.83%
  Specialized PSU Insurers        155.55       579.54      11,676.10      11,108.283.48%5.11%
  GRAND TOTAL   28,896.14 26,577.10  3,35,918.07  3,07,612.23100.00%9.20%
Note: Compiled on the basis of data submitted by the Insurance companies      
*Takeover of Reliance Health Insurance portfolio by Reliance General Insurance

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