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The life insurance business models have changed over the last decade driven by the customers/policyholders."If we now build a robust customer consent architecture, we would see businesses moving into the next generation of .
Economy likely to make a strong rebound: Deepak Parekh
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Last Updated: Jul 20, 2021, 11:40 AM IST
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Synopsis
According to Parekh, the economic impact of the deadly second wave of the coronavirus is expected to be milder than the first wave, and largely restricted to the June quarter. “In the first wave of the pandemic, India had a significantly lower number of cases but in the second wave, it witnessed shortage of basic necessities such as oxygen and medical supplies,” said Parekh.
Agencies
The value of new business grew 40% in the reporting period to ₹408 crore. Meanwhile, solvency ratio was at 203% in Q1 against minimum requirement of 150%.
Synopsis
According to Parekh, the economic impact of the deadly second wave of the coronavirus is expected to be milder than the first wave, and largely restricted to the June quarter. “In the first wave of the pandemic, India had a significantly lower number of cases but in the second wave, it witnessed shortage of basic necessities such as oxygen and medical supplies,” said Parekh.
Agencies
The value of new business grew 40% in the reporting period to ₹408 crore. Meanwhile, solvency ratio was at 203% in Q1 against minimum requirement of 150%.
The Indian economy is expected to make a strong rebound in FY22, registering economic expansion of 8-10% albeit on a low base, said Deepak