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As On 06-Dec-2019 EOD, Market Closed
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  • Life insurers' new premium income in Sept up 15% at Rs 20,057 crore


    The new premium income of life insurers rose 15% to Rs 20,056.70 crore in September, data from Irdai showed. All 24 life insurance companies had a collective new business premium income of Rs 17,490.68 crore in September 2018.

    The state-owned Life Insurance Corporation (LIC), the largest life insurer, recorded a 18.37% rise in its new premium during the month at Rs 12,759.24 crore as against Rs 10,778.81 crore in the same month a year earlier, the data showed.

    The rest of the private sector players had a total new premium income of Rs 7,297.46 crore during the month, an increase of nearly 9% from a year ago, the data on monthly business figures released by the Insurance Regulatory and Development Authority of India (Irdai) showed.

    Cumulatively, insurance premium of all 24 players grew 35.11% during April-September period of the current fiscal to Rs 1,25,758.11 crore. The new premium collected by LIC in the first six months of 2019-20 jumped 42% to Rs 89,980.22 crore. For the rest of private sector players, the cumulative premium till September rose by 21% to Rs 35,777.89 crore.

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Flash News 07-Dec-2019
  •  ( 09:05) Bank of India's board approves raising up to Rs 10,000 crore  
  •  ( 08:25) OPEC nations and Russia agree to cut oil output  
  •  ( 08:19) NEFT to be available 24x7 from December 16: RBI  
  •  ( 08:16) U.S. stocks closed sharply higher Friday after November jobs report  
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06 December 2019 00:00
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3205.85
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3950.45
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444.75
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2264.00
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560.20
(-0.10 %)
1246.20
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2362.40
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2025.50
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524.75
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1463.75
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715.15
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243.30
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1674.30
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1290.30
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510.30
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6881.35
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112.55
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126.60
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186.55
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1554.95
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319.80
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428.50
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161.50
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67.90
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402.95
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2122.95
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