Average annual life insurance premiums in India surged 42.6% over five years, reflecting increased financial protection among policyholders.

The divergence was largely driven by group single-premium business. Industry-wide group single premium jumped 30.9 per cent to ₹27,857.01 crore in July from ₹21,280.53 crore a…

Life insurers see 21% rise in new business premiums in July, with LIC leading growth amid a slight increase in policies.