For the first 10 months of FY20 (April-January), LIC’s first-year premium has grown 43 per cent YoY, while private players put together have seen first-year premium grow by about 20 per cent during this period.
In January, the insurer had posted a strong 44.8 per cent growth in individual first-year premium, while private players have grown by a lower 11.5 per cent. The insurer now commands 70 per cent market share, up from 66 per cent last year.
Esta historia es de la edición February 14, 2020 de The Hindu Business Line.
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