vnb

We are well positioned to further grow our VNB: NS Kannan, ICICI Pru

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We are well positioned to further grow our VNB: NS Kannan, ICICI Pru

“I believe that we are well positioned to further grow our VNB given the insurance potential and the regulatory developments in the country. So that is how I would summarise the results for this period,” says NS Kannan, MD & CEO, ICICI Pru. You have registered a strong growth this quarter. Your NBP is up … Read more

What’s driving the shift to non-linked plans for insurance companies?

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What’s driving the shift to non-linked plans for insurance companies?

The insurance industry has witnessed a shift from unit-linked plans toward non-linked plans. Non-linked businesses contributed 80% to the new business premium of the industry. What does this trend mean for the bottom line of insurance companies?Nearly every industry was affected by the Covid-19 pandemic, and each one has responded differently. Additionally, it has brought … Read more