Finance
DoggfatherLife Insurers Shine with 18% Growth, Non-Life Up 10% Too
Yo, check it! Life insurers just dropped a smooth 18% YoY rise, hittin' Rs 35,417.27 crore in Feb, with LIC flexin' hard at 24.19% growth. Non-life premiums cruised up 10% to Rs 23,853.77 crore, while health insurers shined bright with a 29.81% boost. It's a mixed bag, but the industry is keepin' it real, fo' shizzle!
few days ago | Aathira Varier
Quick rundown
1.Life insurance premiums surged by over 18% YoY.
2.LIC led the charge with a 24.19% YoY growth in premiums.
3.Non-life insurers saw a mixed bag of growth and decline.
4.Standalone health insurers posted a sharp 29.81% YoY increase.
5.The insurance industry in India is normalizing post accounting changes.
