Gross written premium at ₹3,241 crore grew 33% on-year, outpacing the industry's nearly 10% growth.
New business growth of 40% is split into price growth of 7-8%, and the rest coming from volume growth—new lives covered under health insurance. Niva Bupa's management attributes the industry-leading growth to almost a 4x increase in agency and own sales headcount over the last four to five years, apart from bancassurance.
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