All life insurers post strong numbers in January — except HDFC Life

All life insurers post strong numbers in January — except HDFC Life

Almost all life insurance companies posted strong numbers in January 2024, marked by increases in premium collections and annualised premium equivalent (APE). However, HDFC Life faltered, experiencing a relatively weak performance during the month.Max Life Insurance’s January premium recorded an increase of 51%, contributing to a 26% rise in FY24 premium.Moreover, the January total APE and retail APE surged by 53% and 51%, respectively.SBI Life Insurance, on the other hand, saw a huge growth…
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Source: https://www.cnbctv18.com/finance/life-insurance-data-january-numbers-lic-sbi-life-max-icici-pru-hdfc-premiums-18999721.htm/amp