Aditya Birla Sun Life Insurance

The Insurance Brokers’ Association of India (IBAI) president Sumit Bohra is hopeful that their recommendations on making the grievance definition more robust, strengthening anti-mis-selling provisions and allowing intermediaries to represent policyholders at grievance redressal forums will be accommodated when IRDAI issues master circulars on these regulations in future. He also bats for trail-based commissions model, which can help curb mis-selling in this interaction with Moneycontrol. Tune into Simply Save for more.

Aditya Birla Sun Life AMC Q1 PAT down 33% to Rs 102 crore

In comparison, the asset management firm had posted a profit after tax (PAT) of Rs 154.9 crore in the same quarter preceding fiscal, Aditya Birla Sun Life AMC (ABSL AMC) said in a statement.

Aditya Birla Sun Life launches fixed-rate insurance product

The company termed the plan akin to fixed-deposit rate products offered by banks, and it expects to garner 5-10 lakh customers by 2023-end under the new scheme.

Simply Save | How COVID-19 has affected Indian life insurance sector and policyholders

Term insurance premiums have risen in India, but continue to be cheaper compared to global markets, says Kamlesh Rao, MD and CEO, Aditya Birla Sunlife Insurance

Interview | Third wave won't impact new business: Kamlesh Rao, Aditya Birla Sun Life Insurance

The private insurer has set its Value of New Business margin expectations at 12 percent and is bullish on strengthening its bancassurance channel.

Will maintain bancassurance and agency distribution mix: Pankaj Razdan, Aditya Birla Sun Life Insurance

The private life insurer has HDFC Bank as a large bancassurance partner to sell their products.