Life insurers log 16% premium growth in FY26 on GST relief, shift to high-margin products
Published on: April 22, 2026, 12:55 a.m. | Source: The Economic Times
Indias life insurance industry recorded a 16% rise in new business premiums to ₹4.59 lakh crore in FY26, driven by GST exemption benefits, stronger demand for regular premium policies, and a strategic shift towards higher-margin protection and long-term savings products.
