Life - Articles - Life premiums down in India


 The Indian life market saw new business drop by 9.2% to $22bn for the year ended 31st March mainly due to the change of rules relating to unit-linked products and the lack of pensions products.

 Private insurers were hit hardest, dropping 16.9%, whilst nationalised LIC dipped 5.7%, reports Asia Insurance Review.

Back to Index


Similar News to this Story

Over 85 population expected to double in 25 years to 3.6m
The latest population projections published this morning by the ONS demonstrate the extent of the UK’s ageing society. In mid-2024 there were 1.75 mil
IPT smashes last year's total by £157 million
According to this morning’s HMRC data, Insurance Premium Tax (IPT) receipts stood at £88 million in March 2026, bringing the full year total for the 2
Employer NI hike creates headwinds for group risk market
Growth within the UK group risk market slowed in 2025 as the employers’ National Insurance (NI) increase from April 2025 saw businesses look to priori

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.