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Life Insurers' NBP Rose 4.2% in Q1

Business Standard

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July 11, 2025

The New Business Premium (NBP) of life insurance companies posted 4.25 per cent growth in the April-June period of the current financial year (Q1FY26) from the year-ago period, tracking muted growth among the insurers owing to base effect.

- AATHIRA VARIER

According to data released by the Life Insurance Council, the NBP of the life insurers increased by 4.25 per cent year-on-year (Y-o-Y) to ₹93,544.54 crore in Q1FY26 from ₹89,726.7 crore in Q1FY25.

In the April-June period of FY25, life insurance companies posted nearly 23 per cent growth after changes in surrender value norms effective from October 1, 2024. The industry has now adjusted to the new norms.

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