Life Insurance companies’ new business premium rises 22% in August
Life insurance firms’ yearly new premium amounts rose by 21.8 percent compared to the previous year (YoY) to Rs 32,644.09 crore in August, with the surge supported by strong increases in new premium figures from the state-owned Life Insurance Corporation (LIC). The growth in LIC’s business premium segment increased by 35.1 percent, reaching Rs 19,309 … Read more