<h1>Life insurance company reports 17% premium growth and 11.1% market share at annual meeting</h1> A major life insurance company held its 25th Annual General Meeting in Mumbai, with the Chairman reviewing industry performance and company achievements. The Chairman noted global economic uncertainties have eased, with India expected to maintain growth momentum driven by private consumption and capital formation. The Indian life insurance industry showed mixed FY25 results, with individual premiums rising 10% despite a 7% decline in policy count. Private insurers demonstrated resilience with 15% premium growth. The company achieved 17% growth in individual premiums, 9% increase in policy issuances, and reached its highest market share of 11.1%. The Chairman emphasized India's low insurance penetration at 2.8% and the highest protection gap in Asia at 91%, positioning India as the fastest-growing life insurance market among G20 nations with expected 7.3% growth from 2025-2029.