Life Insurers Hit a Snag with 5% Growth in May 2026

In May 2026, life insurers had a bit of a slowdown, with new business premiums growing just 5.15%—the slowest since last August! While public and private insurers felt the pinch, the individual segment led the charge. Despite some bumps, the overall market crossed the Rs 4 trillion mark in NBP for the first time. Group insurance, however, faced challenges due to global uncertainties.