Kolkata, March 11 -- Life Insurance Corporation of India (LIC) has recorded an increase in both Group Yearly Renewable Premium and Individual Premiums during the first 11 months of FY25.
While the Group Yearly Renewable Premium surged by 28.29 percent, Individual Premiums grew by 7.90 pc, the insurance behemoth said in a statement on Tuesday.
As of February 2025, LIC's total premium collection stood at Rs 1.90 trillion, reflecting a 1.90 pc increase from Rs 1.86 trillion collected in the corresponding period of FY24.
In February 2025, Individual Premiums declined by 1.07 pc to Rs 4,837.87 crore, compared to Rs 4,890.44 crore in February 2024. However, for the 11-month period ending February 2025, policies under Group Premiums totalled to...