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28May 2024

GENERAL INSURERS’ GDPI EXPECTED TO INCREASE 32% BY FY26: ICRA

Why in the news? According to ICRA, the Gross Direct Premium Income (GDPI) of India’s general insurers is projected to reach ₹3.7 trillion by FY26. This marks a 32% increase from the ₹2.8 trillion recorded in FY24. About the Gross Direct Premium Income (GDPI): GDPI: Revenue from selling insurance policies, termed Gross Direct Premium Income. …

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