homevideos Newsearnings NewsReinsurance rates on upward trajectory; may hike rates in future: Max Life Insurance
Reinsurance rates on upward trajectory; may hike rates in future: Max Life Insurance
The reinsurance rates are on upward trajectory and hopefully in the next couple of months it will be finalized, said Prashant Tripathy, MD and CEO of Max Life Insurance.
The reinsurance rates are on upward trajectory and hopefully in the next couple of months it will be finalized, said Prashant Tripathy, MD and CEO, Max Life Insurance.
Tripathy expects to do a rate increase sometime in the near future. However, it will be a marginal increase, he said.
Also Read:
The company posted its Q3FY22 earnings. Profit after tax (PAT) is down 60 percent and value of new business margin has contracted to around 25 percent.
For the full interview, watch the accompanying video.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Lok Sabha Election 2024: Issues raised by Prime Minister Modi have not resonated with people of Tamil Nadu, says Congress
Apr 19, 2024 11:38 PM
West Bengal Lok Sabha elections 2024: A look at Congress candidates
Apr 19, 2024 8:45 PM