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Indian life insurance premiums rose 12.68% in May, but the number of policies sold fell by 10.43%.
Indian life insurance firms saw a 12.68% rise in new business premiums in May 2025, totaling Rs 30,463.21 crore, compared to the previous year.
State-run Life Insurance Corporation (LIC) reported a 10.27% increase in premiums, while private insurers showed a 16.57% jump.
Despite the premium growth, the number of policies sold dropped by 10.43%, attributed to efforts to encourage more valuable, essential life insurance coverage.
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Las primas de seguros de vida indias aumentaron un 12,68% en mayo, pero el número de pólizas vendidas cayó un 10,43%.