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8 months ago

Duration: 0h 2m 38s

LIC drags new business premiums of life insurers by 5.2 %

Name: LIC drags new business premiums of life insurers by 5.2 %
Uploaded: 2025-09-10T06:30:11+00:00
Duration: 2 min 38 s
Channel: Rediff Video Desk

New business premiums of life insurance companies dropped 5.2 per cent year-on-year (YoY) in August to Rs 30,959 crore, owing to a double-digit decline reported by state-owned Life Insurance Corporation (LIC), data from the Life Insurance Council showed. LIC recorded a 17 per cent YoY fall in new business premiums to Rs 16,023 crore during the month, while private life insurers reported a 12 per cent YoY increase to Rs 14,936 crore.

Uploaded by: Rediff Video Desk on Wed, 10 Sep 2025 12:00:11 +0530

Views: 1133

Tags: LIC drags new business premiums of life insurers by 5.2 %