India’s life insurance sector experienced an 8.43% surge in new business premiums in April 2025, reaching ₹21,965 crore, fueled primarily by LIC’s strong performance. Private insurers collectively grew by 6%, with HDFC Life leading among listed players with a significant 23.37% premium jump. Industry experts anticipate traditional savings products will gain traction amid softening interest rates and volatile equity markets.
Dollar flat near one-week high as investors await Warsh’s Jackson Hole debut
The euro and sterling were subdued near one-week lows against the greenback, last at $1.1652 and $1.3597, respectively, though both remained on track for a