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The Hindu·2 min read·medium

Life insurers new business premium rises over 13% in June to ₹46,490 crore

T
The Hindu Bureau
Life insurers new business premium rises over 13% in June to ₹46,490 crore
AI Summary

Life insurance companies in India reported a 13% increase in new business premiums for June, reaching ₹46,490 crore. While private insurers saw significant growth, the state-owned Life Insurance Corporation of India experienced more muted performance.

Why it matters

The data reflects shifting consumer trends in the Indian financial sector and the impact of macroeconomic conditions on insurance demand.

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Life insurance companies in India reported new business premium rose 13% in June to ₹46,490.53 crore compared to the ₹41,117.30 crore a year earlier.

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