07/09/2026
Life insurers’ first-year premium jumps 33% in August, led by LIC
Life insurers’ first-year premium growth accelerated in August, with LIC driving much of the increase as private insurers also posted double-digit growth.
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Profile of Vinod M. Chandak, Senior Business Associate (SBA) with LIC of India: Position & Experience Senior Business Associate / Development Officer at LIC of India, Branch 82C (Amravati). Holds a Fellowship in Life Insurance from the Insurance Institute of India and has 32+ years of experience in both administration and marketing of LIC products.
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Life insurers’ first-year premium growth accelerated in August, with LIC driving much of the increase as private insurers also posted double-digit growth.
Read MoreThe regulator should make clear when the insurer may decline transfer of policies, and who will receive the death benefit
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