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General insurance data for October disappoints; premiums drop 4% YoY
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General insurance data for October disappoints; premiums drop 4% YoY
Nov 10, 2020 6:30 AM

It looks like the festive cheer was only for the life insurance sector. For the general insurance industry, the month of October has been very disappointing.

The general insurance premiums have dropped by about 4 percent year-on-year (YoY). However, in an absolute contrast, health insurance industry has managed to continue its strong growth. The standalone health insurance premium grew 32 percent YoY.

CNBC-TV18’s Yash Jain details how the individual companies performed.

(Edited by : Bivekananda Biswas)

First Published:Nov 10, 2020 3:30 PM IST

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