Life Insurers Rise Up to 4% as October First-Year Premium Income Gains 26%
First-year premium income for life insurers rose 26.2% year over year to Rs 42,914 crore in October, according to data released by the Life Insurance Council on November 11. Major life insurers’ shares reached multi-month highs on November 12.
Shares of major life insurance companies hit their highest levels in multiple months on November 12. This comes after data released by Life Insurance Council on November 11 showed that first-year premium income of life insurance companies rose 26.2% on year to Rs 42,914 crore in October against the…