‘Life insurers’ new premium income up 4%’
The Hindu
The new premium income of life insurance companies rose nearly 4% to ₹30,009.48 crore in June this year, data from IRDAI showed. All the life insurance companies had collected first year or the new bu
The new premium income of life insurance companies rose nearly 4% to ₹30,009.48 crore in June this year, data from IRDAI showed. All the life insurance companies had collected first year or the new business premium income worth ₹28,868.68 crore in the same month a year ago. State-owned LIC reported 4.14% fall in new premium income in June 2021 at ₹21,796.28 crore as against ₹22,736.84 crore in the year-earlier month. For the remaining 23 private sector life insurers, the new premium in June jumped about 34% to ₹8,213.20 crore as against ₹6,131.84 crore in the year earlier.
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