October Life Insurance Data | HDFC Life Insurance reported a 17.8% year-on-year (YoY) increase in total premium to ₹3,334 crore from ₹2,829 crore, while total annualised premium equivalent (APE) rose 16.3% to ₹1,276 crore from ₹1,097 crore and individual APE increased 16% to ₹1,067 crore from ₹920 crore.
SBI Life Insurance's total premium grew 11.6% to ₹3,556 crore from ₹3,185 crore, while total APE rose 2.2% to ₹1,877 crore from ₹1,837 crore.
However, individual APE declined 0.9% to ₹1,681 crore from ₹1,696 crore.
Meanwhile, Go Digit General Insurance's total premium increased 39.2% to ₹168 crore from ₹120 crore, while total APE rose 33.6% to ₹70 crore from ₹52 crore.
However, individual APE declined 77.5% to ₹4 crore from ₹16 crore in the year-ago period.
October Life Insurance Data | HDFC Life Insurance reported a 17.8% year-on-year (YoY) increase in total premium to ₹3,334 crore from ₹2,829 crore, while total annualised premium equivalent (APE) rose 16.3% to ₹1,276 crore from ₹1,097 crore and individual APE increased 16% to ₹1,067 crore from ₹920 crore. SBI Life Insurance's total premium grew 11.6% to ₹3,556 crore from ₹3,185 crore, while total APE rose 2.2% to ₹1,877 crore from ₹1,837 crore. However, individual APE declined 0.9% to ₹1,681 crore from ₹1,696 crore. Life Insurance Corporation of India (LIC) reported a 31.3% jump in total premium to ₹25,316 crore from ₹19,274 crore, with total APE increasing 19.5% to ₹5,827 crore from ₹4,878 crore and individual APE rising 4.8% to ₹2,886 crore from ₹2,755 crore. Meanwhile, Go Digit General Insurance's total premium increased 39.2% to ₹168 crore from ₹120 crore, while total APE rose 33.6% to ₹70 crore from ₹52 crore. However, individual APE declined 77.5% to ₹4 crore from ₹16 crore in the year-ago period.
