At the end of April, the four entities accounted for over 56 per cent of
the total general insurance industry.
Not exact matches
This has created considerable strain in the
general insurance industry, which draws more than 45 per cent of its
total business from the motor
insurance segment.
The
total premium of the
general insurance industry is around Rs 70,000 crore but it's still only 0.7 per cent of the GDP.
According to the data compiled by
industry body
General Insurance Council for the year ending March 31, Star Health
Insurance procured
total Rs 1,439.27 crore premium amount.