India's general insurance sector sees 24% growth after GST exemption - NewsBytes

India's general insurance sector witnessed a remarkable growth of 24.1% year-on-year (YoY) in November. The surge was primarily driven by an increase in motor sales and a rise in retail health demand after the Goods and Services Tax (GST) exemption. Standalone health insurers recorded an impressive 35.8% YoY growth, while private multi-line insurers matched this momentum with a 35.5% increase. Pub…