Q2 results: What to expect from insurance sector

The growth can primarily be attributed to single premiums and more specifically to Life Insurance Corporation’s (LIC) group single premiums. LIC reported a 46% jump in first year premium collection in April-September period over the same period last year while the private insurers collectively saw a rather slower 23.3% year-on-year rise compared to 27.7% rise seen for last year.

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