Life insurance companies see 21% rise in new business premium to Rs 22,425 crore in February

Among these, the country’s largest and the only state-run insurer LIC posted a 24.18 per cent jump in new premium income at Rs 12,920.57 crore during the reported month, against Rs 10,404.68 crore in the year-ago month, showed the data from the Insurance Regulatory and Development Authority of India (Irdai).

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