Life Insurance Corporation of India (LIC) has recorded 18% rise in its new business premium at Rs 15,920.13 crore in October 2022 as against Rs 13,500.78 crore a year ago. In September 2022, the company’s new premium income stood at Rs 24,991.26 crore.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and investment company.