India life insurance market grows 25%
According to the Insurance Regulatory and Development Authority in India, life insurers in the country have posted 25% growth in new premium income for the financial year ended 31 March.
New premium income for the year was Rs1.093trn ($24.68bn) for the fiscal year ended 31 March 2010, according to data compiled by the Insurance Regulatory and Development Authority.
The growth in 2009
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