Private life insurers' new premium income grows 8 pc in FY21

Life insurers reported stellar individual annual premium equivalent (APE) growth of 90 per cent in March due to low base, translating into a 40 per cent growth in Q4 and a full 8 per cent for FY21, said the report. It, however, added that the two-year individual APE growth was a modest 6 per cent for the year.

from Banking/Finance-Industry-Economic Times https://ift.tt/3dE3wgo