According to sources familiar with the matter, the group argues that Tata Sons does not fit the criteria for an upper layer non banking finance company (NBFC) and should therefore be exempt from the listing requirements
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The current real policy rate of 2 per cent (based on projected inflation for 2024-25) is therefore excessive, he says
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Earlier, individuals were restricted to purchasing new insurance policies only until the age of 65
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Bajaj Allianz Life’s NRI customers have multiple premium payment options such as net banking, International debit and credit cards
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This marks a substantial rise compared to the summer of 2023, where a total of 6,369 trips were offered
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The total premium for non-life insurance grows at a rate of 12.8 per cent, a slight dip from the 16.3 per cent growth recorded in the previous fiscal year.
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2.5 per cent growth in new policy issuances for FY24 is largely due to high base effect of the corresponding period in previous financial year
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Additionally, transactions related to health coaching have also surged by 45 per cent, indicating a clear interest in seeking professional guidance for fitness and overall wellness
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