India Life Insurance Sees Robust November 2025 Growth, Driven by Private & LIC

finance
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CNBC TV18•09-12-2025, 17:20
India Life Insurance Sees Robust November 2025 Growth, Driven by Private & LIC
- •India's life insurance industry experienced robust growth in November 2025, with gains across private insurers and LIC.
- •Individual APE grew 26.6% overall; private insurers saw a 27.9% rise, while LIC posted 22.9% growth.
- •LIC's Group APE surged 97.5% year-on-year, driving overall industry Group APE growth to 61.7%.
- •Private insurers increased their Individual APE market share to 71.7% in November.
- •Industry New Business Premium (NBP) rose 23.4%, with LIC growing 35% and private insurers 13.2%.
Why It Matters: Robust growth in India's life insurance sector signals economic health.
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