LIC beats industry with 94% premium growth in December
Tuesday, 9 January 2024 LIC grew its business by nearly 94% in December 2023, powered by a 194% jump in the group single premium business. The corporation's total premium rose to Rs 22,981 crore from Rs 11,859 crore a year ago, while its group single premium rose to Rs 17,601 crore from Rs 5,966 crore in December 2022. Single premium is typically received at one go as against regular premium. LIC's group business surge in December helped the industry record a 43% jump in premium during December to Rs 38,583 crore from Rs 26,838 crore in December 2022.
Higher Than Expected , Inflation , Could Signal Fed to Cut Interest Rates.
Yahoo Finance reports that consumer prices rose higher
than forecast in December, a sign investors hope will
signal the Federal Reserve to begin cutting interest rates.
Yahoo Finance reports that consumer prices rose...
Retail Sales Top Predictions, , Ending 2023 Strong.
Yahoo Finance reports that December's retail sales showed
consumer spending in the United States continues to be
resilient, quelling fears of..
Credit: Wibbitz Top Stories Duration: 01:30Published
Earnings and New Jobs , Increased More Than Expected in , December.
On January 5, the Labor Department released
a report showing that America's job market closed
2023 with a greater-than-expected..
Credit: Wibbitz Top Stories Duration: 01:31Published
Tuesday, 9 January 2024
![Retail Sales Top Predictions, Ending 2023 Strong [Video]](https://video.newsserve.net/300/v/20240117/1363828555-Retail-Sales-Top-Predictions-Ending-2023-Strong.jpg)
![Earnings and New Jobs Increased More Than Expected in December [Video]](https://video.newsserve.net/300/v/20240105/1363228903-Earnings-and-New-Jobs-Increased-More-Than-Expected.jpg)
