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The insurer retained its market leadership during FY26, accounting for 56.66% of the industry's first-year premium income and 65.16% of all policies sold in the country, according to its FY26 Annual Report released on Friday
The consequences of this lack of awareness are significant. At the beginning of FY2025, insurers were holding more than ₹9,305 crore in unclaimed amounts, including maturity proceeds, death claims and surrender values.