Data released for the month showed that ICICI Lombard General Insurance recorded a 21% year-on-year increase in gross direct premium income, significantly higher than the industry-wide growth of around 8% during the same period.
On a quarterly basis, the insurer reported an 18% rise in premiums for the fourth quarter of FY26, compared with a 5% increase in the corresponding quarter of the previous financial year.
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Among other insurers, New India Assurance posted a 13% growth in premiums, while Go Digit General Insurance reported a 10% increase.
Health-focused insurers showed a mixed performance. Niva Bupa Health Insurance recorded a 37% growth in premiums, exceeding the segment’s broader growth rate of about 22%.
In contrast, Star Health and Allied Insurance reported a 16% increase, which was below the industry average for health insurance.
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