News From Press LIC's total premium for fiscal 2023 grew 17 per cent to ₹2.32 trillion

LIC's total premium for fiscal 2023 grew 17 per cent to ₹2.32 trillion

Apr 25, 2023

The total premium of Life Insurance Corporation of India (LIC) collected for fiscal 2022-23 grew 16.67 per cent to ₹2.32 trillion from ₹1.99 trillion. In terms of the sheer volume, no other company matches the insurance giant. In terms of premiums collected, it continues to hold a market share of 62.58 per cent as on March 2023.

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