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Life Insurance Premium Mobilisation Rises by 5.13% in FY25

Life Insurance Premium Mobilisation Rises by 5.13% in FY25:

The Indian life insurance industry witnessed a healthy growth of 5.13% in total new business premium collection in the financial year 2024–25, showing improved momentum compared to the previous year. The individual new business premium segment surged by 11.17%, indicating increased participation from first-time policyholders. This growth reflects the industry’s strategic focus on expanding market reach and providing comprehensive financial protection.