Business Bureau
NON-LIFE insurance companies registered a y-o-y rise of 24 % in their collective gross direct premium in May this year at Rs 15,404.45 crore, data from Irdai showed on Friday. Non-life insurance players had registered a gross direct premium worth Rs 12,423.98 cr in May 2021. 25 general insurers among the 31 non-life players witnessed an increase of 24 % in the gross direct premium in May 2022.