Today news
About the same in other media
There will be ‘mild increase’ in term plan premiums: Bajaj Allianz Life MD Tarun Chugh
Reading now: 505
There will be a “mild increase” in premiums on term plans of Bajaj Allianz Life Insurance as the company is to an extent absorbing the increase of the rates by its reinsurers, MD and CEO Tarun Chugh said on Monday.
Addressing a virtual press conference, Chugh said it is difficult to estimate the likely impact of the Omicron variant of Covid-19 on India’s life insurance industry at present, and his company is now back to “scenario planning”, which the insurer has been doing in the last 18 months.
“The reinsurers, who usually have a lot better data than the insurance companies, have already increased prices. So, they already told us that the prices should increase after December-end,” Chugh said, replying to a set of questions on reinsurance
Read more on financialexpress.comAbout this in other media
How millennials will reshape commercial real estate leasing in India financialexpress.com /3 years ago
European Central Bank will redesign euro banknotes by 2024 euronews.com /3 years ago
Cryptocurrency Prices today on December 5: Bitcoin, Ethereum recover; LUNA up 19% moneycontrol.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
