News From Press New premium of life insurers up 27% on year at Rs 13,698 cr in Feb

New premium of life insurers up 27% on year at Rs 13,698 cr in Feb

Source: ET Mar 15, 2018

Life insurance firms reported an increase of about 27 per cent in its new premium collection in February at Rs 13,698.52 crore, data from insurance regulator Irdai showed today.

Of all the 24 life insurance firms, country's only state-owned as well as the largest insurer LIC, the increase in new premium collection was up by 24 per cent to Rs 8,476.73 crore during the month.

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