ICRA

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ICRA flags potential US$2bn capital gap for India's state-run insurers

June 4 2025

India’s public sector general insurers continue to face pressure from weak combined ratios, low returns and may require a sizeable capital infusion by FY2026.

A contrasting photo of bright peaks and night time valley.

Contrasting outlook for private and public insurers as Indian industry GDPI looks set to reach US$36.5 billion in two years: ICRA

May 18 2023

The analytics firm sees healthy growth driven by private insurers, while three PSU's are likely to need significant government support.