Non-Life Segment-Wise Insight till February'21
Non Life Insurance comprises of Major 4 Segment :
- Motor
- SME
- Health
- Others (Crop Insurance & Misc)
Segment wise Contribution :
The major contributor of Non-Life Insurance i.e. Motor Insurance has shown a decrement of 2.64% in their contribution to entire Non-Life Portfolio. And Health & Fire have shown an Shift of 2.44% & 2.01% in their Contribution.
Overall Non-Life Insurance has grown by 3.67% despite Pandemic.
Segmentwise Growth YoY Comparison :
YoY Negative Growth : Marine (-2.53%), Motor (-3.83%), P.A. (-2.85%) & Other Misc (-5.61%)
YoY Positive Growth : Fire (28.45%), Engineering (10.53%), Health (13.06%), Aviation (8.95%) & Liability (15.41%)