LIC outpaces industry and private insurers in 2024 new business premium growth
Life Insurance Corporation of India (LIC), the nation’s largest life insurer, reaffirmed its leadership in 2024 by outpacing both the industry average and private insurers in new business premium (NBP) growth. Data from the Life Insurance Council shows that LIC recorded a 14.64 percent year-on-year (YoY) growth in NBP, surpassing the insurance industry’s 14.41 percent […]