India Property and Casualty Insurance Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers P&C (Property and Casualty) Insurance Companies in India and it is segmented by Product Type (Fire, Marine, Aviation, Engineering, Motor, Liability, and Others) and Distribution Channel (Direct Business, Agents, Bank, Brokers, Micro-Insurance Agents, and Other Distribution Channel).

India Property and Casualty Insurance Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

India P&C Insurance Industry Overview

Property and Casualty Insurance in India is highly competitive. A large number of public and private sector insurers are operating in the market. There are 34 public and private sectors with foreign partnership insurers in the general insurance market of India. All four public sector insurances are large players in the market, while private players such as ICICI Lombard General Insurance, Bajaj Allianz General Insurance, Reliance General Insurance, and HDFC Ergo hold a significant market share based on Gross Written Premium.

India P&C Insurance Market Leaders

  1. The New India Assurance Co Ltd

  2. United India Insurance Company Ltd

  3. HDFC General Insurance

  4. National Insurance Company Ltd

  5. ICICI Lombard General Insurance

  6. Bajaj Allianz General Insurance

  7. *Disclaimer: Major Players sorted in no particular order
The New India Assurance Co Ltd,  United India Insurance Company Ltd, HDFC Ergo General Insurance, National Insurance Company Ltd