Insurance firms see drop in ULIP demand as stock market declines, ET BFSI
Insurance firms see drop in ULIP demand as stock market declines The life insurance industry experienced a slowdown in February 2025, with a sharp decline in unit-linked insurance plan (ULIP) sales following recent stock market corrections. The industry’s annualized premium equivalent (APE) fell 6% year-on-year (YoY), primarily due to a 23% drop in LIC’s APE. … Read more
