Life Insurers Show Off with 20.7% Premium Surge in July

In July, life insurers showcased their prowess with a 20.7% leap in new business premiums, soaring to a staggering ₹47,005 crore. LIC flexed its muscles with a 23.77% boost, while private insurers strutted in with a 16.34% increase. It’s like a blockbuster showdown, where group business steals the spotlight as the ultimate MVP!