New Delhi, July 10 -- India's private life insurance sector maintained healthy growth momentum in June 2026, with overall annualised premium equivalent (APE) growth accelerating to 18 per cent year-on-year, driven by strong performance from Tier-II insurers, according to a report by Kotak Institutional Equities.

Industry-wide APE growth improved to 15 per cent in June from 11-12 per cent in May, the report stated.

Individual APE growth for private insurers rose to 14 per cent year-on-year in June from 12 per cent in May. For the first quarter of FY27, individual APE growth stood at 15 per cent.

Private sector group APE surged 74 per cent year-on-year during the month, supporting overall premium growth.

The top four private life insure...