 "insurance")
After witnessing a huge year-on-year slump in new business premiums (NBP) during the April-June quarter (first quarter, or Q1) of this financial year (2020-21, or FY21), life insurers — 24 in total — have seen a turnaround in the July-September quarter (second quarter, or Q2).
This has mainly been on account of NBP rising almost 16 per cent in Q2, indicating a revival, in line with pick-up in economic activity, shows the data released by the Life Insurance Council.
In Q2, Indian insurers netted NBP to the tune of Rs 75,392 crore, with state-owned insurance behemoth Life Insurance
This has mainly been on account of NBP rising almost 16 per cent in Q2, indicating a revival, in line with pick-up in economic activity, shows the data released by the Life Insurance Council.
In Q2, Indian insurers netted NBP to the tune of Rs 75,392 crore, with state-owned insurance behemoth Life Insurance
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