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Individual New Business Premium for FY25 registered a growth of 8.35% Year on Year basis, according to data from the Life Insurance Council.
ETMarkets.comFor FY25, the group premium fell 0.40%, to Rs 1,64,265.34 crore from Rs 1,64,925.89 crore last year.For FY25, LIC sold 1.78 crore new policies, despite the introduction of new surrender value norms effective from October 1, 2024.
Looking at segment-specific performance in March 2025, the Individual Premium segment saw a 10.75% rise, totalling Rs 10,022 crore, up from Rs 9,048.87 crore in March 2024. Conversely, the Group Premium fell by 1.34% to Rs 26,885.33 crore from Rs 27,251.74 crore last year.
LIC shares today closed in the red, falling by Rs 1.80 or 0.22% to Rs 819.60 on the NSE.
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