New Delhi, May 22 -- Retail health insurance premium growth in India edged up to 31 per cent year-on-year (YoY) in April 2026, anchoring the non-life insurance industry's performance at the start of the fiscal year, according to a report by Kotak Institutional Equities.

The report detailed that retail health continued to anchor growth, reporting strong 31 per cent yoy growth in April 2026, following 28 per cent growth in 4QFY26 and 33 per cent growth in 3QFY26, while overall health premiums grew 21 per cent YoY in April 2026. Motor growth also remained healthy at 16 per cent YoY, supported by both motor OD (up 18%) and motor TP (up 14%).

The sector witnessed an overall moderate gross written premium (GWP) growth of 9 per cent YoY, exclu...