Business

LIC Reports Strong Growth; September Revenue Outpaces Peers

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Life Insurance Corp. outpaced private peers on revenue growth in September.The industry’s new business premium stood at Rs 36,367 crore in September, according to provisional data released by the Life Insurance Council. That’s an increase of 9% year-on-year and 42% in the pre-pandemic month of September 2019. The year-on-year growth came despite an 18% fall in the total number of policies sold.In August, revenue was up 5% while the n…



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