As per the industry body, total renewal premiums for regular Unit Linked Insurance Plans (ULIPs) witnessed a growth of 40 per cent in April-September period at Rs 25,950 crore compared with Rs 18,506 crore in the same period last fiscal.
New business premium increased by 13 per cent to Rs 38,985 crore from Rs 34,529 crore for the corresponding period in 2008-09, it said.
In the first half, total benefit paid to policyholders stood at Rs 28,373 crore as against Rs 23,070 crore, up 23 per cent, the council said.
| NIFTY 
