Bancassurance

ABHICL has more than 200 branches, with a diversified presence in over 4800 cities spread across the length and breadth of the country

We firmly believe that once the market stabilises, our inherent strength and performance will be recognised

We will ramp up digital channels and make tactical tweaks on equity investments to please policyholders, said M R Kumar

Private sector general insurer ICICI Lombard General Insurance Company Ltd said it has entered into a bancassurance tie-up with Yes Bank for selling its insurance products

CARE Ratings, in a note, said growth could potentially return in Q2 or Q3 and distribution channels could see significant realignment, with digital sales rising at the cost of individual agents

With the spread of coronavirus and the subsequent lockdown imposed by the government, LIC saw its new business premium (NBP) fall 31 per cent year-on-year (YoY) in March

This, especially after LIC signed an agreement with Axis Bank as its bancassurance partner last week