News From Press 13% YoY growth for private life insurance firms in July: Report

13% YoY growth for private life insurance firms in July: Report

Source: Economic Times Aug 20, 2016

Private life insurance companies delivered 13 per cent year-on-year growth in individual annual premium equivalent (APE) during July 2016, lower than 24-27 per cent over the previous two months, according to a report.

Life insurance companies in the private sector delivered 13 per cent growth in individual APE during last month, leading to 18 per cent growth year to date (YTD) over the past four months, a report by Kotak Institutional Equities said here today.
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