India, 9 October 2025: The Life Insurance Council has released updated industry business figures for September 2025, highlighting robust growth in new business premiums (NBPs) for Indian life insurers.
New business premiums expanded significantly compared to the same period last year, with year-to-date collections showing continued strength. Individual single and non-single premiums recorded notable growth, while the Group policy segment saw a substantial rise in premium collections during the month.
The life insurance sector continues to advance access to coverage, reaching previously underserved regions and segments of the population. In line with this effort, life insurers added a substantial number of individual life insurance agents, further expanding the industry’s distribution network.
This growth is being complemented by ongoing digitisation efforts, which are enhancing efficiency, customer reach, and overall penetration in the market. The combined effect of agent expansion and digital adoption is expected to support continued gains in new business premiums in the current financial year and beyond.