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India's LIC saw a 14.64% rise in new business premiums, outpacing the overall insurance industry in 2024.
In 2024, India's Life Insurance Corporation (LIC) saw a 14.64% growth in new business premiums, totaling Rs 2.33 lakh crore.
This outpaced the overall insurance industry's growth of 14.41% and private insurers' 14.55%.
Individual premiums rose 4.92%, while group premiums increased by 18.22%.
LIC issued 1.96 crore policies, with a 14.57% rise in group schemes.
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El LIC de la India registró un aumento del 14,64% en las nuevas primas de negocio, superando a la industria de seguros en 2024.