Driven by new individual premium income, the life insurance industry has begun FY19 on an healthy note, with 4.6 per cent growth in new business premium at Rs 7,280 crore in April, according to the data from the industry lobby Life Insurance Council.
As of end April, total individual new business of the industry rose 7.32 per cent to Rs 3,881.61 crore, the council said today.
As against this, new group business income grew at a much lower pace of 1.60 per cent during the repo ..
