Life insurance sector to get booster shot with FDI limit at 100%, Understand its impact
Zee Business Video Team | Updated: February 20, 2025 06:30 PM IST
According to a report by ICRA released on Wednesday, the growth in sum assured in the retail segment is expected to continue to outpace the growth in new business premiums. Private insurers have seen a 41% year-on-year increase in retail sum assured during the first nine months of FY2025, compared to a 30% increase in FY2024. This is much higher than the 17% growth in new business premiums, which was 7% last year.
