SBI Life sees higher regular premium than LIC in Dec

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.

Jan 14, 2025 - 21:00
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SBI Life sees higher regular premium than LIC in Dec
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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