Health insurance premium in India FY 2016-2024, by sector

Published by A. Minhas, Mar 3, 2025

In the fiscal year of 2024, public sector health insurers across India recorded insurance premiums worth about 410 billion Indian rupees. That same year, private sector health insurers saw premiums aggregating to over 345 billion rupees. In total, the value of health insurance premiums reached about one trillion Indian rupees for the first time.

Value of health insurance premium in India from financial year 2016 to 2024, by sector (in billion Indian rupees)

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Release date

November 2024

Region

India

Survey time period

FY 2016 to FY 2024

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2024 started in April 2023 and ended in March 2024.

One Indian rupee equals 0.011 euros and 0.012 dollars (as of February 2025).

Figures have been rounded for clarity. 

Previous reports have been accessed.

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