General insurers report lower growth in premium underwritten in first quarter | Business News

The overall growth in premium underwritten by general insurance companies declined during the quarter ended June of FY25 in the wake of the lower growth rate in the motor and health segments. The growth in premium underwritten declined to 13.33 per cent at Rs 72,758 crore in the June quarter of FY25 as against a growth of 17.88 per cent (Rs 64,198 crore) in June quarter of FY23 and 22.15 per cent growth in the same period of FY22, according to data from the General Insurance Council, the apex body…