Life insurance segment growth in double digit, non-life stagnates amid GST cut | Business News
India’s life insurance industry showed a steady growth with new business premiums rising 12.06 per cent to Rs 34,007 crore in October 2025 as against Rs 30,348 crore in October 2024, driven by the recent GST waiver on individual life and health insurance premiums providing a timely boost to sales, supporting renewed customer engagement. However,…