News From Press LIC eyes double-digit FY25 premia growth and health insurance foray

LIC eyes double-digit FY25 premia growth and health insurance foray

Source: Business Standard May 29, 2024

Life Insurance Corporation of India (LIC) is aiming for a double-digit growth in annual premium equivalent (APE) in the current financial year (FY25) aided by product launches and strengthening of agency channels. The firm will also explore buying a stake in a standalone health insurance company, the management said during post-earnings call.

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