LIC's new premium policy growth jumps 26% to Rs 1.2 lakh crore in FY17

span.p-content div[id^=div-gpt] { line-height: 0px; font-size: 0px;} Driven by sudden surge in single premium policy sales and falling interest rates, total new business premium of LIC rose 25.8 per cent to Rs 1.22 lakh crore in FY17 from around Rs 97,000 crore in the previous year.

However, the state-run insurance behemoth witnessed degrowth in terms of policies during the year under review.document.write(""); googletag.cmd.push(function() { googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop', 'div-gpt-ad-1490771277198-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().enableSyncRendering(); googletag.enableServices(); });

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