Covering for slow growth

Insurance companies in the country are gradually coming out of the economic slowdown and are launching new products and repackaging the existing ones to increase their market share. They are also reporting revival in sales and a steady growth in premium collections . ICICI Prudential Life has embarked on an agenda of growth with efficiency and plans to focus on various elements, including new products. The insurance company, which saw new business growth slowing down in the first half of this financial year, is seeing sales gradually picking up. Similarly, Max New York Life expects its sales would grow by ...

More...