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    Question

    What was the new business premium (NBP) growth of LIC in

    August 2024?
    A 18.5% Correct Answer Incorrect Answer
    B 22% Correct Answer Incorrect Answer
    C 25.6% Correct Answer Incorrect Answer
    D 35.1% Correct Answer Incorrect Answer
    E 40% Correct Answer Incorrect Answer

    Solution

    LIC's new business premium saw a significant growth of 35.1% in August 2024, mainly driven by the growth in group single premiums, where it holds an 80% market share.

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