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  • News From Press LIC dominance of India's life insurance market nears three-fourth mark

    LIC dominance of India's life insurance market nears three-fourth mark

    Source: The Economic Times Oct 15, 2019


    State-run insurance giants, Life Insurance Corporation (LIC) has further increased its dominance in India’s life insurance market with a six percent jump market share between April to September. The insurance giant’s share in the overall pie now stands at 72 percent in a market where several state-run life insurers are increasingly outdoing their private competitors in getting new businesses.

    LIC registered a business growth of 18 percent in September against last year, and a very robus ..

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