First time high for Bharti Axa Life

Bharti AXA Life Insurance has first time recorded a profit since launching operations in 2006. In 2016-17, the company had reported a net loss of Rs. 120 crore. “We have significantly brought down our operating expense ratio. Cost efficiency, high renewal premiums, a better product mix and productivity and higher persistency helped the company record profits,” said Vikas Seth, MD and CEO.

 

Next Story : Taxi Passengers’ Insurance

One response to “First time high for Bharti Axa Life”

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.