Aditya Birla Health Insurance is targeting a full-year profitability by FY26. How do you plan to achieve it?
Our plan is to achieve full year profit by FY25-26. It is a function of few things like size of portfolio, efficiency of distribution, strong renewal book and move towards expense of management (EOM) guideline of the regulator among others. Our gross written premium (GWP) is already at 3,700 crore in FY24. We are now moving very close to ₹5,000 crore, potentially by FY25. On the back of these factors along with innovative products and superior customer experience we will continue to grow ahead of the stand alone health insurance (SAHI) companies which will lead to profitability by FY26.
When the group insurance segment continues to grow for the industry, what are the plans for product mix?
Bu hikaye Business Standard dergisinin July 02, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin July 02, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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