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Life insurance industry reports 22% premium growth in February led by LIC

videos | Mar 7, 2022 6:02 PM IST

Life insurance industry reports 22% premium growth in February led by LIC

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Life insurance industry has reported a 22 percent growth in premiums in the month of February led by Life Insurance Corporation of India (LIC). LIC saw its premiums increase by 35 percent on a year on year basis.

Life insurance industry has reported a 22 percent growth in premiums in the month of February led by Life Insurance Corporation of India (LIC).

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LIC saw its premiums increase by 35 percent, while for HDFC Life the premium has grown by 9 percent on a year on year basis.
However ICICI Prudential Life and Max Life premiums declined by 23 percent and 5 percent respectively.
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