Comparison of New Business Premium of Life Insurance Companies during FY11 against FY10
The estimates/statistics of Life Insurance Companies for the year ending March-2011 are available and these are:
In general the companies have shown % increase of 20+% but LIC continues to lead the industry with figure of Rs.86445 Crores. The exception is of Reliance Life whose premium earnings have got reduced by 22.60%. Overall the number of polices issued during the year have come down which is not very encouraging sign. Let us hope in 2011-12-we will see much better growth.
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