Health insurance market leader India 2026

As of 2026, the **health insurance market in India** continues to grow rapidly due to rising healthcare costs, increasing awareness, and supportive regulatory policies. The **market leader** in terms of **market share and brand presence** is still **ICICI Lombard General Insurance** and **Star Health & Allied Insurance** in the private sector, while **New India Assurance** and **United India Insurance** are prominent among public sector insurers. Here’s a clearer breakdown: ### 1. **Private Sector Leaders** - **Star Health & Allied Insurance**: Largest standalone health insurer, known for

The health insurance sector in India has grown rapidly, officially overtaking motor insurance as the leading non-life insurance segment, accounting for roughly 41% of all gross premiums. When looking at the **market leader**, the answer depends on whether you look at **Standalone Health Insurance (SAHI)** companies or **General Insurance** companies. --- ## 1.

**The New India Assurance Co. Ltd.** is the overall market leader in the Indian health insurance sector for the 2026 fiscal year (FY26). According to the data released by the, the country's health insurance industry accumulated a total premium of ₹1.37 lakh crore in FY26. Within this expanding market, **The New India Assurance** secured the top position with an overall health premium collection of **₹21,532 crore**, capturing a **15.70% market share**.(