The life insurance industry experienced significant growth in new business income in August, driven by the state-run Life Insurance Corporation. The industry collected ₹32,644 crore in total premiums, marking a 22% increase from the previous year. Private insurers also saw growth, although new rules on surrender value and agent commissions may impact future sales.
from Banking/Finance-Industry-Economic Times https://ift.tt/TFwkU5o
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