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Uploaded 1 month ago
Duration: 0h 2m 38s
LIC drags new business premiums of life insurers by 5.2 %
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
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