IRDA News: Life insurer’s premium mop-up drop 3.45 pc in Apr-Oct

Premium collected by life insurance companies dropped 3.45 per cent in the April-October period due to various factors that are influencing the financial sector as a whole.

As per the data released by the Insurance Regulatory and Development Authority of India (IRDA), premiums collected by 23 private sector companies and lone state-owned LIC totalled Rs 53,814.09 crore during the period. Read more