In the financial year 2022, the new business premiums for life insurance industry in India registered a year-on-year growth of around 13 percent. This was a stark increase from last year's growth of 7.5 percent. New business premium refers to the premium earned from new contracts.
Year-on-year growth of new business premiums for life insurance industry in India from financial year 2016 to 2022
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Benori Knowledge. (September 1, 2022). Year-on-year growth of new business premiums for life insurance industry in India from financial year 2016 to 2022 [Graph]. In Statista. Retrieved May 06, 2024, from https://www.statista.com/statistics/1336030/india-new-business-premium-growth-for-life-insurance/
Benori Knowledge. "Year-on-year growth of new business premiums for life insurance industry in India from financial year 2016 to 2022." Chart. September 1, 2022. Statista. Accessed May 06, 2024. https://www.statista.com/statistics/1336030/india-new-business-premium-growth-for-life-insurance/
Benori Knowledge. (2022). Year-on-year growth of new business premiums for life insurance industry in India from financial year 2016 to 2022. Statista. Statista Inc.. Accessed: May 06, 2024. https://www.statista.com/statistics/1336030/india-new-business-premium-growth-for-life-insurance/
Benori Knowledge. "Year-on-year Growth of New Business Premiums for Life Insurance Industry in India from Financial Year 2016 to 2022." Statista, Statista Inc., 1 Sep 2022, https://www.statista.com/statistics/1336030/india-new-business-premium-growth-for-life-insurance/
Benori Knowledge, Year-on-year growth of new business premiums for life insurance industry in India from financial year 2016 to 2022 Statista, https://www.statista.com/statistics/1336030/india-new-business-premium-growth-for-life-insurance/ (last visited May 06, 2024)
Year-on-year growth of new business premiums for life insurance industry in India from financial year 2016 to 2022 [Graph], Benori Knowledge, September 1, 2022. [Online]. Available: https://www.statista.com/statistics/1336030/india-new-business-premium-growth-for-life-insurance/