General insurance companies have witnessed strong growth in the month of December 2023. ICICI Lombard, the standout performer among listed insurers, reported 20% growth in premiums for December. This marks a consistent upward trend, with a 13% increase in the third quarter of FY24 and a cumulative 17% growth in the first nine months of FY24.The insurer also gained market share by 18 basis points in the last nine months.New India Assurance, on the other hand, marked 14% uptick in December, a…
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