LIC vs private life insurers: Who saw faster premium growth in September 2026? What policy buyers should know
New Delhi, Oct. 9 -- If you are planning to buy a life insurance policy, the latest premium data shows that LIC recorded faster growth in premiums from individual policies than private insurers in September 2026.
According to a Morning India report by Motilal Oswal Financial Services, LIC recorded around 15% year-on-year (YoY) growth in individual weighted received premium (WRP), compared with around 7% for private insurers.
However, private insurers continued to record strong growth in new business premiums, with HDFC Life and ICICI Prudential Life Insurance among the fastest-growing players in this segment.
According to the report, the life insurance industry's individual WRP grew around 9% YoY in September 2026, following mid-teen g...
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