General insurers saw around a 40% dip in non-Covid-19 claims during the lockdown period.
The non-life insurance market has continued to prosper well, with June 2021 monthly figures reporting a 7% increase
The health policy that offers coverage of four times the sum insured
Of these, the 25 general insurance companies registered a 4.9% rise in gross direct premium during the month at Rs 13,041.51 crore