Life and Non Life Insurance in India Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Life and Non Life Insurance Companies in India and the market is segmented by Insurance type (Life Insurance and Non-life Insurance) and Distribution Channel (Direct, Brokers, Banks, and Other Distribution Channels). For each segment, the market sizing and forecasts have been done on the basis of value (USD million).

Life and Non Life Insurance in India Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

India Life & Non-life Insurance Industry Overview

The report covers the major players operating in India's life and non-life insurance market. The market is consolidated, as the major market share is captured by the top five companies. The market is expected to grow in the forecast period, due to consistent growth in insurance penetration and other factors. Some major players are the Life Insurance Corporation of India, General Insurance Corporation of India (GIC), SBI Life Insurance Company Limited, etc.

India Life & Non-life Insurance Market Leaders

  1. Life Insurance Corporation of India

  2. General Insurance Corporation of India (GIC)

  3. SBI Life Insurance Company Limited

  4. ICICI Prudential Life Insurance Company Limited

  5. HDFC Life Insurance Company Limited

  6. *Disclaimer: Major Players sorted in no particular order
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