The premium collection for non-life insurers dropped 9% in May and 10% for the two months of the fiscal, largely on the back of a 23% decline in the motor premiums and 48% decline in crop premiums collected by the industry in May, data from IRDAI showed.
source https://economictimes.indiatimes.com/industry/banking/finance/insure/low-automobile-sales-in-may-hit-insurers-premium-income/articleshow/76426107.cms
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