Life insurers see a 32% drop in new premium collection in March: IRDAI data

Country’s largest insurer, LIC's new premium collection drops 31%. Nearly all financial metrics saw significant decline due to covid-19 lockdown even as the full FY20 saw 25% growth in fresh premium collection for the insurance behemoth.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2VtfSiq