New Delhi, Aug. 18 -- India's general insurance industry grew 9% year-on-year (YoY) in FY26 with Gross Direct Premium Income (GDPI) of Rs.336,000 crore, according to Boston Consulting Group's 'General Insurance Sector Round Up'. BCG's analysis report covers 34 general insurers and SAHIs across the market.

"The Indian general insurance industry continues to grow, and it is entering a more mature phase. The real story in FY27 is which insurers are successfully converting scale into disciplined, profitable underwriting," said Pallavi Malani, MD and Partner at BCG and India Lead - Insurance.

In a release on Monday, BCG added that Gross Written Premium rose 10% YoY to Rs.344,000 crore, with private insurers, including standalone health insur...