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    I
    Insurance
    TREND | 14 Jun 2024

    Total life insurance policies grow by 12.4% YoY to 18.7 lakh in May 2024

    buy
    Insurance
    by Trendlyne Analysis
    Trendlyne Analysis
    In May 2024, private insurers sold 6.2 lakh policies, while LIC sold 12.5 lakh schemes. The first-year premium for private insurers grew by 9.7% YoY to Rs 10,333.4 crore. Meanwhile, LIC's first-year premium increased to Rs 16,690.4 crore, with its market share rising by 190 bps YoY.
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    Deven Choksey released a Top Picks report for Insurance on 13 Aug, 2025.
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