India's non-life insurance market posted a sharp recovery in June 2026, driven by robust growth in retail health and motor insurance segments.
The rebound marks a significant turnaround for the sector, which has faced headwinds in commercial lines.
These gains were sufficient to offset a continued contraction in the fire insurance segment, where premiums fell 23%.
Retail health insurance premiums surged 33% year-on-year, while motor insurance premiums expanded by 14%.
These gains were sufficient to offset a continued contraction in the fire insurance segment, where premiums fell 23%.
The divergence highlights a shift in demand toward personal lines as commercial activity remains subdued.
The recovery in consumer-facing insurance products aligns with broader signs of economic resilience in India.