IRDAI Annual Report 2024-25

The IRDAI has released the IRDAI Annual Report for the year 2024- 25 dated December 30, 2025.

The key highlights of the report are as follows:

1. Total insurers registered in India as on March 31, 2025 are 74 . The bifurcation is as follows:

Life Insurers – 26

General Insurers – 25

Reinsurers & FRBs – 13

Standalone Health Insurers – 08

Specialized Insurers – 02

2. Total Policies issued – 41.84 Cr.

3. Total Insurance Premium – INR 11,93,444 Cr . The bifurcation is as follows:

Life Insurance – INR 8,35,980 Cr.

General Insurance – INR 1,80,218 Cr.

Health Insurance – INR 1,27,454 Cr.

4. Total Claims paid – INR 8,35,980 Cr. The bifurcation is as follows:

Life Insurance – INR 6,30,171 Cr.

General Insurance – INR 1,06,777 Cr.

Health Insurance – INR 99,032 Cr.

5. Total Assets Under Management (as on March 31, 2025) – INR 74,43,516 Cr.

Life Insurers – INR 67,78,661 Cr.

General Insurers & Reinsurers – INR 6,23,703 Cr.

Health Insurers – INR 41,153 Cr.

(*Health Insurance incudes PA & travel insurance)

A copy of the Annual Report is attached herewith for your ready reference.

Source category: IRDAI