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Life insurers' new business premiums up 3.7% in Jan after two slump months

This is despite state-owned insurance behemoth LIC reporting a 2% decline in NBP in the same period to Rs 13,143.64 crore

Topics
Life insurers | insurance premium | insurance premium growth

Subrata Panda  |  Mumbai 



Life insurance, insurance
Top private life insurers such as ICICI Prudential, SBI Life, HDFC Life, and Max Life saw double digit growth in NBP in January.

After witnessing a decline in new business premiums (NBP) for two consecutive months, January saw recording a 3.7 per cent rise in NBP to Rs 21,389.7 crore compared to Rs 20,623 crore in the year ago period.

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First Published: Mon, February 08 2021. 19:20 IST

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