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Private Insurers Gain From Protection Plans As Ulips Stagnate
India’s three listed private life insurers reported a faster growth in protection policies over the past two years.
09 Aug 2019, 11:02 AM IST
India’s three listed private life insurers reported a faster growth in protection policies over the past two years after the sector regulator tweaked norms to boost penetration and sales of unit-linked plans slowed.The share of protection products in annual premium equivalent has risen for the three insurers—ICICI Prudential Life Insurance Company Ltd., HDFC Life Insurance Company Ltd. and SBI Life Insurance Company Ltd.—in the last ...
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