Mumbai, 14th May 2025: The Life Insurance Council has released updated industry business numbers for April 2025, marking the beginning of the new financial year. Among several key highlights, new business premiums (NBPs) underwritten by Indian life insurers achieved a robust Y-o-Y growth of 8.43% in April 2025. New business premiums expanded from ₹20,258.86 Cr in April 2024 to ₹21,965.73 Cr in April 2025. According to data released by the Life Insurance Council, the life insurance industry saw individual single premiums grow by 4.47% Y-o-Y to ₹2,690.47 Cr for April 2025. Individual […]
The post Indian life insurers register record new business figures in April 2025 first appeared on Business News Week.
Comments are closed