Non-life insurance companies gross direct premium rises 6.7% in January

Non-life insurance companies registered a 6.7% increase in their gross direct premium collection in Januar y at Rs 18,488.06 crore, according to the Irdai data. All non-life insurance companies had underwritten direct premium of Rs 17,333.70 crore in the same month last year. Among these, 25 general insurance companies witnessed 10.8% increase in their collective premium in the first month of 2021 at Rs 16,247.24 crore, according to Insurance Regulator y and Development Authority of India (Irdai) data.