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Life Insurance Premiums Slide In January For The Third Month In A Row As Group Single Premiums Fall — CareEdge
LIC generates over 90% of its individual new business premiums through the agency channel, whereas private insurers source over 50% of their individual VNB premiums from the bancassurance channel.
12 Feb 2025, 06:24 PM IST 
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The life insurance industry reported a YoY decline of 0.9% in the Annual Premium Equivalent for January 2025, following a growth of 25.2% in January 2024.
(Source: Fitsum Admasu on Unsplash)
LIC generates over 90% of its individual new business premiums through the agency channel, whereas private insurers source over 50% of their individual new business premiums from the bancassurance channel.
