The life insurance industry in April managed to achieve nearly two-thirds of the sales it recorded a year ago despite the lockdown. In terms of total premium income, the private industry and the LIC recorded a year-on-year dip of 33% and 32% respectively. However, in terms of number of policies, the industry was down 67%, largely because of an 80% drop in the number of policies sold by LIC, while private companies were down 34%.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3fG9pZH
