Private-players reported 16% year-on-year growth in overall APE in December-2019, with 17% growth in individual APE. Group business declined 2% y-o-y. Individual business for LIC was modest at 13% y-o-y, following 103% growth in previous month due to sunset period of a couple of its products. ICICI Life reported 8% y-o-y increase in individual APE, on a low base (down 5% y-o-y in December-2018).