India’s general insurance sector experienced muted growth in July, with premiums increasing by a mere 2.8%. This slowdown was largely driven by weak sales in motor insurance. Several prominent insurers, including Bajaj Allianz, HDFC Ergo, and ICICI Lombard, reported significant declines in their premiums, with contractions ranging from 10% to 25%. In contrast, New India Assurance successfully defied the trend, achieving a notable 16% growth in its premium collections. Standalone health insurers also demonstrated strong performance, recording over 10% year-on-year growth in premiums. The total gross written premium for the industry in July stood at ₹29,729 crore, an increase from ₹28,929 crore recorded in the same month of the previous year. The observed deceleration in growth is partly attributed to a change in reporting format.