Bharti AXA Life Insurance’s new business premium grew by a whopping 52 per cent in the first half this fiscal to ₹398 crore, compared to ₹262 crore in the same period a year ago, the life insurer said on Thursday.
Renewal premium for the period under review grew 21 per cent to ₹453 crore, from ₹374 crore last year. Total premium during the first six months grew 34 per cent to ₹851 crore from ₹636 crorein the same period in 2017.