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New premiums up 15.5% for life insurers in April-January period

Top insurer LIC posts 15% growth during this period, collects Rs 66,336 cr as new business premium

BS Reporter  |  Mumbai 

New business premiums for the life insurance industry saw a 15.5 per cent rise in the April 1 to January 31 period in this financial year. Life insurers collected first year premiums of Rs 95871.62 crore this period as compared to Rs 82969.86 crore in the same period last fiscal. The country's largest insurer Life Insurance Corporation of India (LIC) saw a growth of 15 per cent in new premiums and collected premiums of Rs 66335.70 crore in April to January period. Private insurers on the other hand collected new premiums of Rs 29535.92 crore for the period compared to Rs 25282.24 ...

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New premiums up 15.5% for life insurers in April-January period

Top insurer LIC posts 15% growth during this period, collects Rs 66,336 cr as new business premium

Top insurer LIC posts 15% growth during this period, collects Rs 66,336 cr as new business premium New business premiums for the life insurance industry saw a 15.5 per cent rise in the April 1 to January 31 period in this financial year. Life insurers collected first year premiums of Rs 95871.62 crore this period as compared to Rs 82969.86 crore in the same period last fiscal. The country's largest insurer Life Insurance Corporation of India (LIC) saw a growth of 15 per cent in new premiums and collected premiums of Rs 66335.70 crore in April to January period. Private insurers on the other hand collected new premiums of Rs 29535.92 crore for the period compared to Rs 25282.24 ... image
Business Standard
177 22

New premiums up 15.5% for life insurers in April-January period

Top insurer LIC posts 15% growth during this period, collects Rs 66,336 cr as new business premium

New business premiums for the life insurance industry saw a 15.5 per cent rise in the April 1 to January 31 period in this financial year. Life insurers collected first year premiums of Rs 95871.62 crore this period as compared to Rs 82969.86 crore in the same period last fiscal. The country's largest insurer Life Insurance Corporation of India (LIC) saw a growth of 15 per cent in new premiums and collected premiums of Rs 66335.70 crore in April to January period. Private insurers on the other hand collected new premiums of Rs 29535.92 crore for the period compared to Rs 25282.24 ...

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Business Standard
177 22