LIC's April premium hits decade high of Rs 12,384 cr
Moneycontrol English | May 11, 2024 4:15 AM CST
LIC's April premium hits decade high of Rs 12,384 cr State-owned Life Insurance Corporation of India (LIC) on Friday said its premium collection in April was Rs 12,384 crore, the highest for the month since 2014. Quoting Life Insurance Council's latest figures, the insurance behemoth said the total premium collected by LIC in April 2024 was Rs 12,383.64 crore — 113.14 per cent higher than the Rs 5,810.10 crore premium collected the same month a year ago. The achievement can be attributed to LIC's implementation of innovative marketing strategies and its strong reputation for reliab...
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