The life insurance industry reported flat premium growth in June as its individual annual premium equivalent (APE) stood at 4.1% year-on-year at Rs 4,733.2 crore. However, private players posted an individual APE growth of 8.9%, while Life Insurance Corporation of India (LIC) – the country’s largest insurer – achieved a 1.3% dip in growth, data from Edelweiss showed.
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