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Economy - Reports

16 Sep '25|2:52 PM

Life Insurers see 6% rise in new premium collection in first five months of fiscal

India's life insurers saw a 6% growth in new business premium in April- August 2025 compared to April-August 2024. Total collection came in at Rs 1.63 lakh crore compared to Rs 1.54 lakh crore a year ago, according to provisional data released by the Life Insurance Council. However, the number of policies sold dropped around 9% to 9.25 crore from 10.15 crore in the previous year. For the month of August, the premium collection fell around 5.16% on year to Rs 30958 crore.

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