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Mahesh Balasubramanian appointed Managing Director of Kotak Life Insurance; Suresh Agarwal elevated to MD & CEO of Kotak General Insurance

Mahesh Balasubramanian appointed Managing Director of Kotak Life Insurance; Suresh Agarwal elevated to MD & CEO of Kotak General Insurance
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

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The outlook is optimistic and we look forward to grow: Kotak Life MD and CEO

G Murlidhar, Managing Director and CEO, Kotak Mahindra Life Insurance×
Optimistic about the prospects of the life insurance industry,
G Murlidhar, Managing Director and
CEO, Kotak Mahindra Life Insurance says expectations of improved economic growth, more awareness about insurance and digitisation will give a boost to demand.
In an interview with
BusinessLine, he also expressed hope that the impact of the second wave of the Covid-19 will be limited as insurers have learnt to work through the pandemic. Edited Excerpts:
How do you expect the company to do this year?
How the company will do depends on the economy and the industry. My view is that India still remains largely under insured and under penetrated market. A lot of opportunity exists. ....

Managing Director , Kotak Mahindra Life Insurance , Kotak Life Md And Ceo , Kotak Life Insurance , Covid 19 , G Murlidhar , நிர்வகித்தல் இயக்குனர் , கோட்டக் மஹிந்திரா வாழ்க்கை காப்பீடு , கோட்டக் வாழ்க்கை காப்பீடு ,

RBI will Show the Interest Rates Roadmap, First Monetary Policy Review for FY22 will be Presented on Wednesday

RBI will Show the Interest Rates Roadmap, First Monetary Policy Review for FY22 will be Presented on Wednesday
jagran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jagran.com Daily Mail and Mail on Sunday newspapers.

New Delhi , Center Economy , Mk Global Services , Kotak Life Insurance , புதியது டெல்ஹி , கோட்டக் வாழ்க்கை காப்பீடு ,

Covid 19 surge: Non-life insurers brace for more pain from rising cases

Covid 19 surge: Non-life insurers brace for more pain from rising cases
Surabhi
Mumbai |
Updated on
Life insurers say impact limited till now
Amidst the second wave of Covid-19 cases in the country, insurance companies say they are poised to deal with rising claims but general insurers are worried about the impact on their balance sheets. For the life insurance sector, the pandemic has posed less of a challenge as the number of deaths has been much lower than the active case load.
“The first quarter of this fiscal will be challenging for all non-life insurers as health claims are on the rise again. While Covid-19 claims are surging, people are also getting elective surgeries done,” said the head of a general insurance company, adding that if cases continue at this level then it would also begin to dent the balance sheets. ....

Motilal Oswal , Managing Director , Kotak Mahindra Life , Kotak Life Insurance , Life Insurance , Max Life Insurance , மோட்டிலால் ஒசுவள் , நிர்வகித்தல் இயக்குனர் , கோட்டக் மஹிந்திரா வாழ்க்கை , கோட்டக் வாழ்க்கை காப்பீடு , வாழ்க்கை காப்பீடு , அதிகபட்சம் வாழ்க்கை காப்பீடு ,

Life Insurance Industry To See Flat APE Growth In FY21, Says Kotak Life

Life insurance industry to see flat APE growth in FY21, says Kotak Life
Hit by the coronavirus-led lockdown and allied disruptions, premium collections of life insurers have been under pressure in FY21.
December 30, 2020 / 03:44 PM IST
The life insurance industry is expected to see flat growth in annualised premium equivalent (APE) in FY21, according to a Kotak Life Insurance outlook.
Speaking at a virtual event, G Murlidhar, MD & CEO of Kotak Life Insurance said that the industry saw a 7 percent de-growth YoY in APE in H1FY21. In the same period, Kotak Life had a 2 percent growth in APE.
APE refers to 100 percent regular premiums and 10 percent single premiums collected by an insurer. ....

Kotak Life Insurance , Kotak Life , கோட்டக் வாழ்க்கை காப்பீடு , கோட்டக் வாழ்க்கை ,