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India’s life insurance premiums fall in January
In the nine months to January, 21.3 million were pencilled in.
Premiums of India’s life insurance industry saw a 4% year-on-year (YoY) dip year-to-date, or in the April to January period.
For January alone, premiums reached Rs33,560 crore from all 27 life insurers monitored by the Life Insurance Council of India.
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In the nine months to January, Rs283,834 crore premiums were pencilled.
In terms of policies, 2.80 million were accounted for in January. YTD, 21.3 million policies were tallied, up 1.8% YoY.
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