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LIC Saves The Day For Life Insurers In Pandemic-Marred May
New business premiums for life insurers rose 41.19% over the preceding month to Rs 12,977 crore in May 2021.
09 Jun 2021, 12:59 PM IST
Life Insurance Corp. of India buoyed new business premiums of the industry in May even as the number of policies sold fell amid disruptions caused by the deadlier second wave of the Covid-19 pandemic.New business premiums for life insurers rose 41.19% over the preceding month to Rs 12,977 crore in May 2021, according to data released by Life Insurance Council. Year-on-year, it contracted 5% despite a low base due to the national lock...
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