General insurance data for the month of October has been released and the industry premiums have grown by about 11 percent on a year-on-year (YoY) basis. While standalone health insurance company premiums were up by 30 percent.

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However, for ICICI Lombard, the October premium was down by 12 percent YoY. The company has gained market share by 109 basis points in FY22.

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New India Assurance on the other hand saw their October premium rise by 35 percent on a YoY basis and gained market share by 117 basis points in FY22.

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