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India's general insurance industry forecast shows robust growth driven by economic activity and private insurer leadership.
India's general insurance industry is forecast to grow by 8.7% in FY2026 and 10.9% in FY2027, reaching between ₹3.21 lakh crore and ₹3.24 lakh crore in FY2026.
This growth, according to ICRA, is driven by better economic activity, pricing discipline, and increased vehicle sales.
Private insurers are expected to lead this growth, while public sector insurers face moderate expansion due to weak capital positions.
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El pronóstico de la industria de seguros generales de la India muestra un robusto crecimiento impulsado por la actividad económica y el liderazgo de los aseguradores privados.