News From Press LIC to launch 3-4 products for double-digit growth in new biz premium in FY24: Chairman

LIC to launch 3-4 products for double-digit growth in new biz premium in FY24: Chairman

Source: PTI/ET Nov 24, 2023

Insurance behemoth Life Insurance Corporation (LIC) has lined up 3-4 product launches in the coming months with a view to achieve double-digit growth in new business premium in the current financial year. "We are projecting double-digit growth over the last year. We are going to achieve that because a recent trend is showing uptick in individual retail business. In order to further reinforce our commitment, we are going to launch some new attractive products," LIC Chairman Siddhartha Mohanty tol ..

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