EnglishThe life insurance scene kicked off with a bang, but May decided to pump the brakes! Premiums grew just 5.1 percent to Rs 32,030.9 crore as LIC slowed down to 3.5 percent. Customers are being cautious with all the global drama, but individual premiums are still thriving! Private insurers are stealing the show with 7.7 percent growth, keeping the industry cruising at 19.4 percent this year.
Finance