The fourth quarter of FY20 was most eventful for life insurance companies. First, the Union budget in February had tax proposals directly impacting the life insurance industry. Second, re-insurance rates were hiked for life insurance products. And last but not least, the biggest impact has of course been the outbreak of COVID-19 and subsequent nationwide lockdown. Two of these events—the budget proposals and COVID-19 put together--- have significant adverse impact on business, margins, return and solvency ratios of life insurance...
Moneycontrol Pro Panorama | RBI skips again, markets yawn
Jun 8, 2023 / 02:55 PM IST
In today’s edition of Moneycontrol Pro Panorama: MSP hike raises higher food inflation risk, will ONDC be an enabler to the digi...
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