VERIFIEDET Finance·8 Jul 2026positive

Private life insurers outpace LIC as industry new business premium rises 16.6% in Q1

AI Summary

·New business premium for life insurers increased by 16.6% in Q1, reaching Rs 1.09 lakh crore.
·Private sector life insurers experienced faster growth than LIC, primarily due to regular premium products.
·Insurers are anticipating regulatory changes and observing improved market demand.