Deluged with claims over 2 years, life insurers look to breath easier in FY23
Death claims and payouts for life insurance companies touched a record high in 2021-22 as the second wave of the Covid-19 pandemic playedhavoc. The sector is however, more upbeat about prospects in the new fiscal and believe the impact of the pandemic on their balance sheet has been contained. The country’s largest life insurer—Life Insurance … Read more