First-year premium of life insurers up 2 computer at ₹3,77,960 cr in FY24: IRDAI

The primary-year premium or new enterprise premium of life insurers elevated 2 per cent to ₹3,77,960 crore within the monetary yr ended March 31, 2024, in contrast with ₹3,70,543 crore within the earlier monetary yr. As per the information of Insurance coverage Regulatory and Improvement Authority of India (IRDAI), Life Insurance coverage Company’s (LIC) first yr … Read more