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13/06/2023
DO YOU KNOW WHY LIC PREMIUM SAW A DECLINE?
LIC's premium during this period was Rs. 14,056.29 crore, down by 11.26 per cent year-on-year (y-o-y) from the previous year's premium of Rs. 15,840.63 crore.
Factors responsible are
more competition,
changing customer preferences,
and the overall economic environment.
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