homephotos Newsfinance NewsLife insurance industry premium rises 10% in December — Here's how key insurers fared

Life insurance industry premium rises 10% in December — Here's how key insurers fared

SUMMARY

The life insurance premium advanced by 10 percent year-on-year in December, according to the provisional data released. The premium is 31 percent up in FY23 till December, the data said. Here is the round-up on how different life insurance companies fared

Profile image

By Yash Jain  Jan 9, 2023 4:22:56 PM IST (Updated)

Listen to the Article(6 Minutes)
1 Min Read
CNBCTV18
Image count1 / 6

Private life insurance companies have seen a stronger growth in December premium at about 15 percent on a YoY basis and the retail APE is up about 16 percent.

CNBCTV18
Image count2 / 6

For LIC, the December premium is just up about 4 percent, and the retail APE for LIC is up by 3 percent.

CNBCTV18
Image count3 / 6

For HDFC Life, the December premium is down about 10 percent and the retail APE is up about 23 percent.

CNBCTV18
Image count4 / 6

For Max Life Insurance, the December premium has just grown by about 2 percent and the retail APE is down about 10 percent.

CNBCTV18
Image count5 / 6

For SBI Life Insurance, the December premium has grown by about 30 percent on a YoY basis and the retail APE has grown by about 31 percent.

CNBCTV18
Image count6 / 6

Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
arrow down

Most Read

Share Market Live

View All
Top GainersTop Losers
CurrencyCommodities
CurrencyPriceChange%Change