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    I
    Insurance
    TREND | 17 Oct 2024

    Total life insurance policies fall by 45.5% YoY to 32.2 lakh in September 2024

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    Insurance
    by Trendlyne Analysis
    Trendlyne Analysis
    In September 2024, private insurers sold 8.7 lakh policies, while LIC sold 23.5 lakh schemes. The first-year premium for private insurers grew by 16.4% YoY to Rs 14,651 crore. Meanwhile, LIC's first-year premium increased to Rs 20,369.3 crore, but its market share contracted by 80 bps YoY.
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