Private players dominate life insurance market, general insurance premium growth outpaces GDP growth: Report
Published on: Dec. 16, 2025, 3:10 p.m. | Source: The Tribune
From FY15 onwards, growth resumed as insurers adapted to the new regulatory environment and diversified their product mix and channels. Private sector Annual Premium Equivalent (APE) recovered to Rs 250 billion in FY15 and increased steadily to Rs 286 billion in FY16, Rs 349 billion in FY17 and Rs 407 billion in FY18, the report highlighted.
