Fire fuels growth as general insurance sector slows in July: JM Financial - The Hindu BusinessLineSENSEX 81,101.32+ 314.02NIFTY 24,868.60+ 95.45CRUDEOIL 5,550.00+ 59.00GOLD 109,187.00+ 669.00SILVER 124,702.00 -869.00SENSEX 81,101.32+ 314.02NIFTY 24,868.60+ 95.45NIFTY 24,868.60+ 95.45CRUDEOIL 5,550.00+ 59.00CRUDEOIL 5,550.00+ 59.00GOLD 109,187.00+ 669.00'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth();]]>| Photo Credit: iStockphotoIndia’s general insurance industry posted a modest 3% growth in Gross Direct Premium Income (GDPI) in July 2025, according to a report by JM Financial Institutional Securities. The fire segment led with 28% YoY growth, while crop premiums slumped 36%. Fire has been the standout performer, with consistent monthly acceleration from 16% to 28% YoY growth so far in FY26. The motor segment is losing steam, slowing from 11% to 6% growth. Health insurance remains subdued at 3% due to accounting changes, though standalone health insurers (SAHIs) maintained a steady growth momentum. Private players continue to face headwinds, while SAHIs demonstrate resilience so far in FY26.Published on September 9, 2025Sign into Unlock benefits!Access 10 free stories per monthAccess to comment on every storySign up/Manage to our newslettersGet notified by email for early preview to new features, discounts & offers${ ind + 1 } ${ device }Last active - ${ la }