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Life insurers' new business premiums zooms 84% in April, thanks to LIC

In April, the industry earned NBP to the tune of Rs 17,939 crore, compared with Rs 9,739 crore in the year-ago period

Topics
insurance premium | Life Insurance Corporation | LIC IPO

Subrata Panda 



cash, currency, notes, funds, investment, shares, growth, profit, loss, tax, money, income, earnings, parliament, budget, spending, expenditure

New business premiums (NBP) of life companies jumped 84 per cent year-on-year (YoY) in April, propped up by 141 per cent increase in initial public offering-bound behemoth Corporation (LIC) of India’s NBP, according to the latest data released by the Life Insurance Council.

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First Published: Mon, May 09 2022. 22:48 IST

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