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Health Insurance share in non-life surged to 37.1% in FY24 from 24.6% in FY18: Report

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New Delhi [India], December 12 (ANI): Health insurance in India saw significant growth in recent years, its share in the non-life insurance segment surged to 37.1 in FY24 per cent from 24.6 per cent, according to a report by Axis Securities.

The report also highlighted the increasing penetration of health insurance in the country, supported by rising awareness and government initiatives.

"A key driver behind this growth i