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Economy News

The Economic Times

Economy / The Economic Times

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Life insurers' premium income up 19% in Apr-May

Life insurance premiums surged 19% to 62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-GST exemption. Both LIC and private players saw healthy gains, with overall policy numbers rising 5%. This growth highlights renewed customer interest in savings and protection products.

10 Jun 2026 12:35 am