Page 54 - Insurance Times March 2016 Sample

Statistics

Shares in non-life insurance market

 Motor insurance accounted for 39.41 per cent of the gross direct premiums earned in FY16* (up from 41 per cent in
FY06), at US$ 1.01 billion till September 2015

 At US$ 0.71 billion (till September 2015), the health segment seized 27.75 per cent share in gross direct premiums
 Private players contribute around 50.2 per cent in the total revenue generated in non life insurance sector while public

companies contributes around 49.8 per cent share by September 2015

54 The Insurance Times, March 2016