Life Insurers Party as Premiums Jump 20.7% in July

In July, life insurers threw a celebration as new business premiums jumped by 20.7% to ₹47,005 crore! The Life Insurance Corporation of India (LIC) led the charge with ₹27,993.6 crore, while private insurers joined the fun with ₹19,011.23 crore. Group insurance was the star of the show, making this July one for the books!