SBI Life sees higher regular premium than LIC in Dec
Monday, 13 January 2025 ()
In December 2024, SBI Life Insurance overtook LIC in regular premium policies with Rs 3,416 crore, a 16.7% increase from last year, while LIC's premiums fell 15% to Rs 2,628 crore. Despite a significant decline in group single premium policies, LIC remained the largest player by total new business premiums.
In December 2024, SBI Life Insurance overtook LIC in regular premium policies with Rs 3,416 crore, a 16.7% increase from last year, while LIC's premiums fell 15% to Rs 2,628 crore. Despite a significant decline in group single premium policies, LIC remained the largest player by total new business premiums.
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