TP premiums rose 9.3% in FY26, compared with 9% growth in OD, taking overall motor insurance expansion to about 9% on an estimated base of ?1.08 lakh crore. This contrasts with FY24, when OD grew a stronger 17.4% against roughly 10% for TP, supported by robust vehicle sales and pricing improvements. In FY25, OD grew at 8.1% while TP grew at 7.8%. The latest shift comes despite no increase in regulated TP premium rates since the pandemic.
Looking for top-performing equity mutual funds? Here are the best performers across categories in the last 1 year
Returns from mutual fund schemes over the past year show a wide gap between the best- and worst-performing funds across categories, underscoring the importance of
August 1, 2026