 "Insurance")
Life insurers' collective new business premium income stayed nearly flat from a year ago at Rs 24,466.46 crore in December 2021, data from Irdai showed on Friday.
The new business premium, or the first year premium, of 24 life insurance companies had stood at Rs 24,383.42 crore in December 2020.
IPO-bound insurance behemoth LIC, however, registered a 20.30 per cent dip in its new business premium to Rs 11,434.13 crore during the month under review, according to the Insurance Regulatory and Development Authority of India (Irdai) data.
The country's largest and the only state-owned life insurer, LIC,
The new business premium, or the first year premium, of 24 life insurance companies had stood at Rs 24,383.42 crore in December 2020.
IPO-bound insurance behemoth LIC, however, registered a 20.30 per cent dip in its new business premium to Rs 11,434.13 crore during the month under review, according to the Insurance Regulatory and Development Authority of India (Irdai) data.
The country's largest and the only state-owned life insurer, LIC,
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