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    Life insurers register strong business growth in October

    BT NewsFlicks

    Life insurers register strong business growth in October

    • 1/5

    Overall new-business premiums witnessed the sharpest growth at 31.9 per cent year-on-year in October.
    Niti Kiran

    • 2/5

    Total new-business premiums during the month amounted to Rs 22,776 crore compared to Rs 17,272 crore in the year ago period.

    • 3/5

    Private-sector new-business premiums grew 24 per cent on yearly basis.

    • 4/5

    LIC's new business premiums increased by 36 per cent, year-on-year, during the period.

    • 5/5

    In new business premiums, HDFC Life tops with a 22.9 per cent market share followed by SBI Life, with a 22 per cent market share and ICICI-Prudential Life occupying the third position with 13.7 per cent share.
    Story: Niti Kiran
    Design: Mohsin Shaikh