For Quick Alerts
For Daily Alerts

LIC beats its private peers in premium collection during H1 FY14

By Religare
LIC beats its private peers in premium collection
The state-run Life Insurance Corporation of India (LIC) has outperformed its private sector peers in terms of premium collection during the first half of current fiscal year, said a PTI report.

The report said LIC recorded 7.26 per cent growth in collection of premium during H1 FY'14 while other large private sector insurance companies, including ICICI Prudential, HDFC Standard Life and SBI Life, witnessed a decline in premium collection.

LIC's premium collection grew 7.26 per cent to Rs 37,906 crore during the the six-month period ended September 2013 compared with the year ago period. On the other hand, the 23 private sector insurance companies recorded 4.55 per cent growth in premium income to Rs 12,150 crore during the period.

Dion Global Solutions Ltd.

Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more