GDPI of retail health insurance in India FY 2018-2028

Published by A. Minhas, May 5, 2025

The financial year 2024 witnessed the highest gross direct premium income of retail health insurance in India at over five billion U.S. dollars. This reflected a steady increase in the gross direct premium income of retail health insurance since the financial year 2018.

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Gross direct premium income (GDPI) of retail 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 May 2025)

Health insurance GDPI excludes overseas medical and personal accident insurance.

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