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Life insurers’ NBP grew 12% last month
Business Standard
|November 11, 2025
Exemption in GST nudged individual premium growth, policy sales
Healthy growth in the individual and group business segments lifted the life insurance industry’s new business premium (NBP) by 12.06 per cent year-on-year (Y-0-Y) in October 2025 to %34,006.9 crore, according to data from the Life Insurance Council.
The exemption from the goods and services tax (GST) nudged both individual premium growth and policy sales during the month.
‘The industry’s NBP stood at %30,347.6 crore in October 2024. State-owned Life Insurance Corporation of India (LIC) reported 12.5 per cent Y0-Y growth to 219,274.01 crore, while private life insurers posted an 11.5 per cent Yo-Y rise to %14,732.9 crore.
Diese Geschichte stammt aus der November 11, 2025-Ausgabe von Business Standard.
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