Correct option is A
The top two private sector general insurance companies in July 2024 based on gross premium underwritten are:
1.
ICICI Lombard General Insurance: Reported a premium of
₹2,765.42 crore, with a growth of
15.74%.
2.
Bajaj Allianz General Insurance: Reported a premium of
₹2,415.53 crore, though it faced a
decrease of 35.8%.
Additional Details:
·
HDFC Ergo General Insurance: Reported a premium of ₹1,651.59 crore with the highest growth rate of
36.51% but ranks third in premium size.
· The non-life insurance industry as a whole witnessed a
9.28% Y-o-Y growth in July 2024, with contributions from motor and health insurance segments.
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