Sales of life insurance policies continue to decline even during the tax-saving season. According to the data released by the Insurance Regulatory and Development Authority, or Irda, new business premium income for life insurance has fallen by 17% to Rs 71,953 crore during April-December, 2011, from Rs 86,698 crore a year ago.
http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/new-business-income-for-life-insurance-companies-down-17-irda/articleshow/11623321.cms
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