New biz premium of life insurers grows 14% to ₹35,020 cr in Sept
Millennium Post Delhi|October 12, 2024
Life insurers recorded a 14 per cent rise in underwriting new business with a premium collection of Rs 35,020 crore in September. New business premiums stood at Rs 30,716 crore in same month a year ago.

Life insurers recorded a 14 per cent rise in underwriting new business with a premium collection of Rs 35,020 crore in September.

New business premiums stood at Rs 30,716 crore in the same month a year ago.

The new business premium collection in the first half of FY25 rose 19 per cent to Rs 1,89,214 crore from Rs 1,58,377 crore in the same period last year, as per the monthly data released by the industry body Life Insurance Council.

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