Key Points
Public sector general insurance companies continued to lose market share to private sector peers in the first half of the current financial year..
The public sector companies had a combined market share of 31.99% down from 32.76%, growing at 12.16%...
Among the top insurers in the health segment, New India Assurance has the largest market share of 17.83%, followed by Star Health with 12.18% and Oriental with 8.07%...
New India, ICICI Lombard General Insurance, and Tata AIG emerged as the top insurers in this segment, holding a market share of 29.33%, growing 15.65%..
While stand-alone health insurers grew at 25.25% and reached a combined market share of 10.16%, the specialised insurers reported decline of 31% with combined market share of 4.28%...
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