Single group premiums continue to lead life insurance in May, LIC outperforms private insurers

The first year life insurance premium rises to ₹24,480 crore in May 2022 almost doubling from ₹12,977 crore in the same month last year, a CARE Edge Ratings report showed. Year-over-year growth was 86.7% in first-year award numbers. The good performance was driven by robust growth in group single premiums. The largest insurer in the … Read more