Massive drop in LIC's individual biz caps industry growth in January at 8 pc

Moderation in growth of protection business from peak levels seems to have been arrested, as individual non-single sum assured to individual non-single premium for private players was 25 times in January. It was 23 times in December but stood lower at 31 times in January 2020 and 35 times in the second quarter 2020-21.

from Banking/Finance-Industry-Economic Times https://ift.tt/3tHlx3p