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The impact of GST exemption on insurance policies on Axis Max Life Insurance’s Embedded Value is approximately ₹268 crore, says MD & CEO Sumit Madan. In an interaction with business lineMadan said the insurer has decided to recoup the impact of GST through initiatives such as distributor negotiations, cost optimization and product mix improvements. Axis […]
Although Axis Bank contributes about 40 percent of the total turnover under Bancroveringkanaal, Axis Max Life Insurance has no over -dependence from one of its distribution channels, says the senior director of the insurer and main distribution officer Sumit Madan. He says that for the list of his shares on Bourses, the company awaits the […]
