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LIC reports 35% rise in new premium income during September

12 Oct 2022 Evaluate

Life Insurance Corporation of India (LIC) has reported 35% rise in the new premium income of Rs 24,991.26 crore in September 2022-23, as against Rs 18,520.21 crore in same period of 2021-22. The cumulative new business premium during the first half ended September of the current fiscal year was up by 45.91% at Rs 1,24,191.08 crore.

Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and investment company.

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