The private insurers also saw their NBP decline almost 2 per cent in the same period in FY21 over the last financial year.
NBP is the premium acquired from new policies for a particular year.
earned in August NBP to the tune of Rs 27,039.79 crore, compared to Rs 23,554.94 crore in the same period last year. Private life insurers
NBP grew 13.74 per cent to Rs 7,325.59 crore this August, compared to Rs 6,440.62 crore in August 2019. State owned Life Insurance
Corporation recorded 15.19 per cent jump in NBP to Rs 19,714.21 crore compared to Rs 17,114.32 crore.