Life insurance companies in India reported new business premium rose 13% in June to ₹46,490.53 crore compared to the ₹41,117.30 crore a year earlier.
LIC's recovery contributed significantly to the industry's overall premium growth during the month. Private life insurers ...
Life insurance companies in India reported a 13% rise in new business premiums for June, reaching ₹46,490.53 crore, driven by private insurers' robust performance.
Life insurance companies witnessed a 5% increase in new business premiums in May, totaling ₹32,031 crore, despite a slight dip in the number of policies sold.
A significant share of life insurance premiums is reinvested in securities that finance government expenditure. While the ...
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Regulatory uncertainty hits India's life insurance sector: Report
Regulatory uncertainty has hit India's life insurance sector, causing stocks to underperform. A Kotak report notes that while ...
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