Satishwar B., MD and CEO, Bandhan Life Insurance | Photo credit: DEBASISH BHADURI Bandhan Life Insurance, the life insurance arm of the Bandhan Group, expects ULIPs to continue to account for around 30 percent of annual premium equivalent (APE) going forward. The private sector insurer on Tuesday announced a new Unit Linked Insurance Plan (ULIP) […]
Private sector insurer HDFC Life Insurance has managed to reduce the impact of the GST changes on the Value of New Business (VNB) in the third quarter and hopes to reduce it further in the fourth quarter of this fiscal, said Executive Director and Chief Financial Officer Niraj Shah. Shah said the insurer has introduced […]
Canara HSBC Life Insurance, MD and CEO Anuj Dayal Mathur | Photo credit: Private sector life insurer Canara HSBC Life Insurance will not have to take “extreme steps” in adjusting commissions for its distributors due to the new GST change as commission rates are already on the low side, said MD & CEO Anuj Dayal […]