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Insurance policy Related news

Insurance policy Related news
People are slowly awakening to life insurance in the country. This is because insurance company has received more premiums in August this year than in August last year. Rallah premium, which is available from the new business of life insurance companies, grew 22.6% in August this year. In August this year, Rs 17,513.44 crore was spent. Has been. This figure was Rs 14,282.45 crore last year. Was there. According to the Insurance Regulatory and Development Authority of India (IRDA), the premium insurance received by the life insurance company Life Insurance Company (LIC), the largest insurance company in the country, has increased by 25% and this amount is Rs. 13,382.30 crore. Has been. In August last year, the figure was Rs 10,713.55 crore. Was there. There are currently 24 life insurance companies out of which 23 are private sector. The premium from private sector life insurance companies rose 15.8% in August to Rs 4,131.15 crore. Is going. This amounted to Rs 3,568.90 crore in the same period last year. Was there.