Kautilya

India’s Health Insurance Premiums Cross ₹1.2 Lakh Crore as Sector Grows Around 9%

Total health insurance premium collections crossed ₹1.2 lakh crore during FY 2024-25, making health insurance an increasingly important segment of India’s broader insurance industry. The sector recorded growth of around 9%, supported by rising healthcare costs, greater awareness of medical risks and increasing demand for policies that can reduce the financial burden of hospitalisation.