ReferIndia News GST reduction: New life insurance business premium touches Rs 34,007 cr in October

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GST reduction: New life insurance business premium touches Rs 34,007 cr in October

Published on: Nov. 11, 2025, 3:47 p.m. | Source: The Economic Times

India's life insurance market is witnessing an impressive upswing, highlighted by a 12.1% rise in new business premiums in October 2025. This recovery is largely attributed to a boost in individual policies along with a recent GST reduction.

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