New Delhi, Aug. 7 -- India's life insurers recorded a nearly 21 per cent year-on-year rise in new business premium to Rs 47,004.84 crore in July 2026 from Rs 38,958.05 crore in the same month last year, though the underlying data showed that growth across insurers and business segments remained uneven.

According to provisional data from the Life Insurance Council's Detailed New Business Performance of Life Insurers for the Period ended Jul-26, group single-premium collections rose sharply to Rs 27,857.01 crore in July from Rs 21,280.53 crore a year earlier, an increase of nearly 31 per cent. In comparison, individual non-single premium, which reflects recurring premium business from individual customers, increased about 9 per cent to Rs ...