GST cut spurs double-digit growth in new life insurance premiums in October

The surge in individual non-single policies stood out, rising 62.8% in October after a steep decline in the same month last year, driven by a low base and a pick-up in recurring-premium demand, aided by the GST rate cut and broader product diversification.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *