GST removal lifts India's life insurance premiums 27% in November - CNBC TV18

State-owned Life Insurance Corporation of India (LIC) posted 23% growth, aided by a low base, while private insurers rose 28%. India’s life insurance industry recorded another month of strong expansion in November, with premium growth gaining momentum following the removal of goods and services tax (GST) on select insurance products. Retail weighted received premium (RWRP) rose 27% year-on-year, u…