HDFC Life CEO: Not keen on composite insurance licence
The New Indian Express|July 01, 2024
HDFC Life is not very keen on seeking a composite insurance licence, the amendment bill for which is pending for the approval from the federal lawmakers, but will definitely reenter the health insurance segment when permitted, a top official of the leading life insurer has said.
BENN KOCHUVEEDAN
HDFC Life CEO: Not keen on composite insurance licence

It can be noted that till 2016, life insurers were into the health segment, which has of late became the biggest contributor to the top-line of general insurers since the past two years, overtaking the till then mainstay of motor. Almost all life insurers who had health products still continue to serve existing clients but can't launch new products or hawk existing products to new customers.

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