News Life and Health15 Feb 2021

India:Life sector posts profit fall in FY2020

| 15 Feb 2021

The life insurance industry reported a profit after tax of INR77.28bn ($1.06bn) for the financial year ended 31 March 2020 (FY2019), 8.4% lower than the INR84.36bn posted in FY2019, according to the 2019-2020 annual report of the IRDAI that was released last week.

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