A life insurance company has reported a 14.6% year-on-year (YoY) increase in individual premium collection in June 2025, higher than the 12.12% growth recorded by private life insurers, according to Life Insurance Council data. In June 2025, the company collected ?5,313 crore in individual premiums, compared to ?8,408 crore collected collectively by 25 private sector insurers.

During the month, total policies issued by the company stood at 12.49 lakh, down from 14.65 lakh in the same period last year. In the individual policies segment, 12.48 lakh policies were issued, compared to 14.62 lakh in June 2024. Group policies stood at 1,290, down from 2,827 a year ago.

In group premium income, the company earned ?22,087 crore, a 7% decline from June 2024, while the private sector reported a 19% drop at ?5,315 crore. Total premium income for the company declined 3.43% to ?27,395 crore, compared with a 2.45% decline to ?13,722 crore for private insurers.

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