The Hindu·3 min read·medium
Life insurers’ new business premium rose 20% in July to ₹47,000 crore
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The Hindu Bureau
✦AI Summary
Life insurance companies in India saw a 20% increase in new business premiums in July, reaching ₹47,004 crore. Both LIC and private insurers reported growth, though analysts note that stock valuations remain affected by regulatory concerns.
Life insurers in India mobilised ₹47,004.84 crore new business premium in July that in comparison to ₹38,958.05 crore in the year earlier period was 20% higher but only a tad better than ₹46,490.53 crore in June .
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