The Q4FY23 performance of the insurer holds out hope of a healthy top-line growth in the future
The business makeover should help this private life insurer accelerate business growth, along with higher margins
Business transformation visible in improving product mix, higher margins and enhanced distribution channels
While COVID-19 turned out to be a speed breaker for fast-growing life insurers, the structural growth story of the insurance sector remains intact
Insurance Regulatory and Development Authority (IRDA) has issued norms whereby independent rating agencies will now be allowed to evaluate the Unit Linked Insurance Plans (ULIP) to help policyholders assess and compare various products.
The key objective of any life insurance is to protect future income of the family, in case of untimely death of the bread winner says Pankaj Mathpal of Optima Money Manager.