Monday, November 29, 2021

New business premium of life insurers to grow 14% to Rs 3.18 lakh cr in FY2022: Study

The total sum assured (SA) for both the private sector and LIC had increased in FY2021 and in the seven months of FY2022 from the year-ago periods. The total SA for the private sector was Rs 4.04 lakh crore in FY2021, up one % year-on-year while for LIC it had increased 7.5% Y-o-Y to Rs 8.9 lakh crore.

from Banking/Finance-Industry-Economic Times https://ift.tt/3p90fKD

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