New Delhi, Sept. 19 -- The non-life insurance sector in India continued to experience a slowdown in premium growth in August due to a decline in crop insurance and a softer market for passenger vehicles, Care Edge Ratings said in a report.
According to the report, as of August 2025, the non-life insurance sector reported total premium collections of Rs 24,953.0 crore, registering a modest 1.6 per cent rise year-on-year. This was significantly lower compared to a 4.2 per cent increase recorded in August 2024.
It stated "the non-life insurance sector continued to experience a slowdown in premium growth"
The report noted that the slowdown could be attributed to the switch to the 1/n rule, deferrals on account of expected cuts in the Goods...
		
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