LIC growth worsens, lags private rivals ahead of IPO - Mint

3/15/2022 12:00:00 AM3 years 1 month ago
by Anirudh Laskar
by Anirudh Laskar
According to regulatory data, while the state-run insurance giant saw a bare 0.24% growth in new business premium to ₹1.56 trillion in the 11 months of FY22, private life insurers clocked a 24.7% rise to ₹98,213 crore in the same period
MUMBAI : Business growth at Life Insurance Corp. of India (LIC) slowed to a crawl ahead of its initial public offering, even as private-sector rivals have leapt ahead. According to regulatory data, … [+4496 chars]
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