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Life Insurers Surge 40% on GST Relief, LIC Leads Charge

Life Insurers Surge 40% on GST Relief, LIC Leads Charge5+ hour, 26+ min ago   (274+ words) India's life insurance sector saw its strongest monthly growth in December, with new business premiums (NBP) soaring nearly 40% year-on-year. This surge, reaching "42,151 crore, was propelled by improved affordability following Goods and Services Tax (GST) rationalization and robust performances from state-owned…...