The health insurance business collects the health insurance premiums and invests it in deferent sectors as per investment pattern of the IRDA Regulation in India. These sectors are Central Government Securities, State Government & Other Approved Securities, Housing & Loans to State Government for Housing and FFE, Infrastructure Investments, Approved Investments and Other Investments. During the investment, the growth of the business and the safety & security of the investment are considered with economic development in India. In this study, the Year Wise Growth Analysis and Compound Annual Growth Rate (CAGR) of sector wise investments are used to find the growths of sector wise investments of National Insurance Co. Ltd. (National), New India Assurance Co. Ltd. (New India), Oriental Insurance Co. Ltd. (Oriental) and United India Insurance Co. Ltd. (United) during the period 2010-2011 to 2016-2017. This paper reveals that National Insurance Company is the leading public health insurance company for sector wise investments in India.

KEYWORDS:  CAGR; Year Wise Growth Analysis; Sector Wise Investment; Public Health Insurance.