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LIC posts 14.64% premium growth, ₹2.33 lakh crore collection
short by / on Saturday, 11 January, 2025
LIC reported a 14.64% YoY growth in new business premiums in 2024, collecting ₹2.33 lakh crore (January-December), per Life Insurance Council data. LIC outpaced the industry growth of 14.41% and private insurers' 14.55%, showcasing its strong market leadership.