India faces a life insurance protection gap of over 17 trillion dollars, with 83 percent underinsured.
V Ganesh Prabhu
V. Ganesh Prabhu, BCom, born on JANUARY 1, 1972, joined LIC as an agent in June 1991 at CBO 3 Calicut. He was promoted to Development Officer in 1997. Notably, he secured the All India First rank with a gold medal in the CIS Diploma exam conducted by the Insurance Institute of India in 1992.
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LIC sees ₹1,100 crore inflows after GST scrapping on traditional life insurance Policies
The Economic Times 27/09/2025
This surge released pent-up demand from customers. Industry sales had been lower earlier in anticipation of the tax change. Overall new business premiums grew, but policy numbers declined.
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