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Life insurers total assets up 17% in FY15, new premium down

Last Updated: Wednesday, July 15, 2015, 20:46

The life insurance sector, consisting of 24 companies led by state-owned LIC, had seen its total new premium fall by 6 per cent to Rs 1,13,140 crore in 2014-15 from Rs 1,20,162 crore in 2013-14.

Life insurance industry estimated to grow by 15% in next 5 yrs

Last Updated: Thursday, September 19, 2013, 19:23

The life insurance sector is estimated to grow by up to 15 percent annually over the next five years, mainly due to multiple regulatory and industry changes brought in over the past few years and due to favourable demographics of the country, an industry body said Thursday.

Non-life insurers post 18% growth in May 2012

Last Updated: Thursday, June 28, 2012, 00:08

The Indian non-life insurance sector logged an overall premium growth of 18.27 percent in May 2012 as compared to the same period of 2011, as per figures released by Insurance Regulatory and Development Authority (IRDA) Wednesday.