Finance
Big GuyLife Insurance Premiums Jump 39% in April—What a Win!
Hey there, folks! In April, life insurance premiums skyrocketed by a jaw-dropping 39% to ₹30,550.38 crore! Thanks to a little help from our friend GST, both LIC and private insurers are cashing in big time! SBI Life is strutting with a 79.6% boost! More policies sold means more happy faces, and who doesn’t love that?
few days ago | Aathira Varier
Quick rundown
1.Life insurance premiums in India surged 39% YoY in April.
2.LIC and private insurers both reported significant premium growth.
3.GST reduction on insurance policies fueled industry momentum.
4.SBI Life Insurance led private insurers with a 79.6% NBP increase.
5.The insurance industry crossed ₹4 trillion in NBP for the first time in FY26.
