19 Jan 2026 | 5 Mins Read
Moody's sees strong premium growth lifting Indian insurer profitability
Flipitmoney
India's insurance industry sees strong 17% premium growth, expected to rise by 7.3% in FY26. Life insurance premiums increased 20% and health insurance 14%. Despite growth, premiums only account for 3.7% of GDP. State-owned sector reform and GST exemption drive profitability and affordability, with Moody's forecasting improved underwriting discipline and solvency.