The Indian life insurance sector recorded a robust year-on-year (YoY) growth in new business premiums (NBPs) for October 2024, with premiums increasing by 13.16 per cent compared to the same period last year, Life Insurance Council observed in its October 2024 business report.
LIC's premium growth for fiscal 2023 is the second highest among its listed peers, with HDFC Life leading with 18.83 per cent, SBI Life at 16.22 per cent and ICICI Prudential Life Insurance Company at 12.55 per cent
Mumbai (Maharashtra) [India], March 9 (ANI/BusinessWire India): Life Insurance Council, India's leading advocacy body for life insurance, recently conducted a baseline survey on the perception and importance of life insurance for Indians. The survey reiterated the council's "Sabse Pehle Life
Mumbai (Maharashtra) [India], February 16 (ANI/BusinessWire India): Life Insurance Council, India's leading advocacy body for life insurance, has relaunched its highly relevant Sabse Pehle Life Insurance campaign in February 2022.
Mumbai (Maharashtra) [India], April 7 (ANI): The Life Insurance Council has announced that all life insurers, both public and private, are committed to processing any death claim pertaining to COVID-19 at the earliest.