Story 6 of 9 · Insurtech · 13 November 2026, 09:15 IST
Life insurers' new business premium rises 26% to Rs 42,914 crore in October
Picture: ET BFSI · see the original ↗
Life insurers' new business premium rose 26.19% year-on-year to ₹42,914.34 crore in October 2026, from ₹34,006.95 crore a year earlier. LIC grew 31.35% to ₹25,315.52 crore, while private insurers rose 19.45% to ₹17,598.82 crore. Group single premium business was the biggest contributor at ₹25,926.86 crore. The industry issued 1.88 million policies in October, and April-October policy additions grew just 1.15% to 13.56 million.
Source: ET BFSI ↗
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