Market Share of Property And Casualty Insurance Industry In India
The Indian property and casualty insurance market is fragmented, with many public and private insurers vying for market share. The Indian general insurance industry boasts the presence of 34 insurers, encompassing both public and private entities, some of which have foreign partnerships. While all four public sector insurers hold substantial sway, private players like ICICI Lombard General Insurance, Bajaj Allianz General Insurance, Reliance General Insurance, and HDFC Ergo have carved out significant market shares, primarily driven by their gross written premiums.
India Property and Casualty Insurance Market Leaders
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The New India Assurance Co Ltd
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United India Insurance Company Ltd
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HDFC General Insurance
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ICICI Lombard General Insurance
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Bajaj Allianz General Insurance
*Disclaimer: Major Players sorted in no particular order
