The non-life insurance industry witnessed a significant decline in premium in the month of August. After 10 consecutive months of growth, the industry experienced a drop of 37% in premium. The fall in premium can be attributed to the decrease in the crop insurance and liability segments. Additionally, the fire segment also reported subpar performance compared to the previous year. The decline in premium is a setback for the non-life insurance sector, which had been showing positive growth until this point. Amidst these challenges, industry players will need to strategize and innovate to overcome the hurdles and regain momentum.