GDPI of health insurance in India FY 2018-2028

Published by A. Minhas, Jun 19, 2025

The Indian health insurance sector's gross direct premium income in the financial year 2024 was just over ** billion U.S. dollars. By the financial year 2028, it is likely to increase about ******* at a CAGR of ** percent. 

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Gross direct premium income (GDPI) of health insurance in India from financial years 2018 to 2024, with projection for 2028 (in billion U.S. dollars)

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Release date

June 2024

Region

India

Survey time period

FY 2018 to FY 2024

Supplementary notes

*Projected value.

India's financial year begins in April and ends in March. For example, FY 2025 started in April 2024 and ended in March 2025. 

One Indian rupee equals 0.010 euros and 0.012 dollars (as of April 2025)

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