'High reinsurance costs a bigger worry for life insurers'
Financial Express Kolkata|December 17, 2024
Aditya Birla Sun Life Insurance (ABSLI), which ended FY24 with around ₹17,500 crore in gross written premiums (GWP), aims to double its business in the next three years. In a conversation with Kamlesh Rao, MD & CEO
KAMLESH RAO, MD, ADITYA BIRLA SUN LIFE

including recent additions like IDFC First Bank, Bank of Maharashtra, and Axis Bank. Business from Axis Bank is expected to pick up in H2FY25, and the three new partners are projected to contribute 10-15% of our topline this fiscal. In addition, business from our largest partner, HDFC Bank, has grown 35% year-on-year. We have also made some significant investments including agency and direct business. That will also help the premium growth on the proprietary side of the business.

FM and Irdai chairman recently urged banks to focus on core products rather than selling insurance. Will this impact your distribution strategy?

この記事は Financial Express Kolkata の December 17, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Kolkata の December 17, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

FINANCIAL EXPRESS KOLKATAのその他の記事すべて表示
Markets slump over 1%
Financial Express Kolkata

Markets slump over 1%

● Investors' wealth down ₹4.92 lakh cr

time-read
2 分  |
December 18, 2024
EPFO weighs higher equity investments
Financial Express Kolkata

EPFO weighs higher equity investments

● Labour ministry panel to look at ways to raise exposure

time-read
2 分  |
December 18, 2024
Indian firms turn to euro, yen swaps to trim borrowing cost
Financial Express Kolkata

Indian firms turn to euro, yen swaps to trim borrowing cost

INDIAN FIRMS ARE opting for cross-currency swaps to convert part of their debt into the euro or the Japanese yen in order to trim borrowing costs, said bankers.

time-read
2 分  |
December 18, 2024
Financial Express Kolkata

IIT-Madras to offer fine arts, culture courses

IN A FIRST for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.

time-read
1 min  |
December 18, 2024
Financial Express Kolkata

Not even 2% work-linked higher education courses yet: Report

EVEN AS ASSORTED government schemes are a national skill mission aiming to make India's workforce more employable, the latest TeamLease EdTech survey has revealed that barely 2% of the higher education institutions (HEIs) in the country are offering degrees that are work-linked.

time-read
1 min  |
December 18, 2024
Financial Express Kolkata

The world's busiest airline routes in 2024 are largely in Asia

● Leisure continues to outshine corporate trips

time-read
1 min  |
December 18, 2024
Financial Express Kolkata

Indian firms use euro, yen swaps

ECB president Christine Lagarde hinted at a bigger 50 basis point rate cut to buffer the euro zone economy

time-read
1 min  |
December 18, 2024
Financial Express Kolkata

SME IPOs fetch rich returns in Dec

THE SME IPO market continues to see heightened interest and is delivering multibagger returns despite being under the lens of the markets regulator.

time-read
1 min  |
December 18, 2024
Financial Express Kolkata

EPFO weighs higher equity investments

IN FY23, the interest rate was fixed at 8.15% and 8.10% in FY22.

time-read
2 分  |
December 18, 2024
Financial Express Kolkata

KYC masking to go live on Jan 20

IN A MOVE that provides relief to financial institutions, the Central KYC Records Registry has extended the deadline for masking Know Your Customer (KYC) documents to January 20 next year.

time-read
1 min  |
December 18, 2024