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Life insurers' NBP grew 5% in FY25
Business Standard
|April 24, 2025
Tracking NBP Growth
Amid regulatory changes during the financial year 2024-25 (FY25), new business premiums (NBPs) of life insurers grew 5.13 per cent year-on-year (Y-o-Y) to ₹3.97 trillion.
This compares to a 2 per cent growth at ₹3.77 trillion in the previous financial year, according to data by Life Insurance Council.
The NBP of Life Insurance Corporation of India (LIC) grew 1.86 per cent Y-o-Y to ₹2.27 trillion.
The premiums of private-sector life insurance companies expanded 9.8 per cent to ₹1.71 trillion in FY25.
Denne historien er fra April 24, 2025-utgaven av Business Standard.
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