New premium business of LIC rises 25% in FY20, market share up 1.2%

In FY20, premiums from LIC's pension and group schemes clocked Rs 1 trillion mark

LIC, LIC listing

LIC has a market share of 76 per cent in the number of policies sold as of March 2020 and in terms of new business premium the corporation reported a market share of 68.74 per cent

Life Insurance Corporation (LIC) on Monday reported 25 per cent growth in new business premium in FY20, which is higher than the growth reported by the private insurers. The national

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First Published: Apr 27 2020 | 10:55 PM IST

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