Resultantly, the all-India average price during Apr-May’24 was flat to marginally up (1%) vs. Mar’24-exit, while it was ~1% lower than 4QFY24 average.
Life Insurance sector has strong growth potential amid regulatory changes; HDFC Life, SBI Life top picks
Private insurers in India saw a significant increase in their weighted received premium (WRP) during August 2024, growing 15% year-on-year. This was notably higher than