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Life insurers’ new biz premiums rise 15%
Financial Express Lucknow
|October 10, 2025
THE LIFE INSURANCE industry reported a 15% year-on-year rise in new business premiums to 40,206.67 crore in September, supported by robust growth from both Life Insurance Corporation of India (LIC) and private insurers.
The rebound follows a 5% decline in August, when collections dropped to ₹30,958.77 crore as customers delayed purchases in anticipation of GST rate cuts on life insurance.
This story is from the October 10, 2025 edition of Financial Express Lucknow.
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