← Latest news 
Mumbai richest Ganpati gets INR400 crore insurance cover signaling a major shift in event protection
Business
Published on 24 April 2026
A single Ganpati event insured for over INR400 crore
India’s event insurance market is growing, currently valued around INR90 crore. This year, GSB Seva Mandal set a record with INR400.58 crore insured coverage for its five-day festival, underscoring rising demand for comprehensive protection as assets grow richer, crowds swell, and associated risks multiply for organizers and insurers.
- Event insurance market in India valued near INR90 crore
- GSB Seva Mandal insured INR400.58 crore for the festival
- Higher coverage reflects valuable assets and large crowd risks
- Signals future growth opportunities for event insurers
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times