The life insurance industry saw a 4.8% year-on-year growth in Retail Annualized Premium Equivalent (APE) for December 2024, hindered by a 13% decline in LIC’s Retail APE due to new surrender regulations, while private sector growth rose by 11.4%. SBI Life led as the fastest-growing private insurer.
Tata Capital raises $400 million via bonds
The bonds were sold to investors at a final price of 92 basis points above the three-year US treasury, which was trading at 4.47% on
January 15, 2025