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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

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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

1 min read Last Updated : Apr 28 2020 | 0:54 AM IST
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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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Topics : Life Insurance Corporation of India LIC insurance premium death claims

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

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