New Business Premium for the sector contracts by 32.6% while Annualised Premium Equivalent (APE) down by 40% mainly due to covid related disruptions in operations and tepid demand for equity linked products. Experts, however, find some positive in growth of group and protection products.
from Banking/Finance-Industry-Economic Times
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Monday 11 May 2020
Business performance of life insurers’ down yet again in April
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