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Private Sector Insurance Players Report Soft Growth In May: Report

Wednesday, June 13, 2018, 6:36 PM

Private insurance players reported soft growth in premiums in May- individual APE or Annual Premium Equivalent rose 12 percent with private players growing merely 4 percent on a year-on-year (largely base effect) basis, according to a report. APE is a measure for comparing life insurance revenue by normalising policy premiums into the equivalent of regular annual payments.

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