alexa
Indianmoney.com Missed Call Number
 
Home News New insurance premiums up 26% for life insurers in FY17

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Term Insurance Plans Click Here
 
New insurance premiums up 26% for life insurers in FY17

New insurance premiums up 26% for life insurers in FY17

Tuesday, April 18, 2017, 12:39 PM

Life insurance companies posted a 26% rise in new premium collections for FY17 compared to previous fiscal, marked by strong growth in first-year premium due to demonetisation. The country’s largest insurer LIC beat the industry in premium growth, clocking 27% growth. According to data, life insurers collected Rs.1.75 lakh crore as new premium in FY17. Of this, LIC contributed Rs 1.24 lakh crore.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!