Public sector general insurers losing motor segment share very fast, lost 30% biz since FY18

In FY21, motor premium had declined after the pandemic but retained the top spot which it has ceded in FY22 to the health segment. This is also in line with the international market, where health is significantly larger than the motor segment. Motor TP segment has continued to grow faster than the Motor OD segment.

source https://economictimes.indiatimes.com/industry/banking/finance/insure/public-sector-general-insurers-losing-motor-segment-share-very-fast-lost-30-biz-since-fy18/articleshow/87041790.cms