|Chennai||Rs. 24470.00 (1.37%)|
|Mumbai||Rs. 24900.00 (0.97%)|
|Delhi||Rs. 24200.00 (1.26%)|
|Kolkata||Rs. 24160.00 (0%)|
|Kerala||Rs. 24000.00 (0.63%)|
|Bangalore||Rs. 23800.00 (0%)|
|Hyderabad||Rs. 24140.00 (1.17%)|
The Insurance Regulatory & Development Authority (IRDA) has informed that the total premium collected by the life insurance industry decelerated by 2.33% during the period ending 30th September, 2012 over the previous period ending 30th September, 2011.
The reasons for a negative growth in the premium collections are various factors that are influencing the financial sector as a whole.
IRDA has further informed that the authority interacts with Life Insurance Companies periodically to examine the possible way to facilitate growth of Insurance Business.