Mumbai, Jun 23 (PTI) Riding on the rising demand for protection and guaranteed income plans, spawned by the new coronavirus pandemic and falling interest rates, private sector life insurer Aditya Birla Sun Life hopes to close the year with 25-30 per cent growth.
The company has already grown 24 per cent in the first quarter so far, primarily driven by protection and guaranteed income plans, which have gained good traction since the pandemic breakout, says chief executive and managing director Kamlesh Rao.
He said that investors are seeking more guaranteed returns at a time when interest rates are steadily falling for […]
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