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5 hours ago
Duration: 0h 4m 5s
Renewal of life insurers' policies, after 1 year, declines in June quarter
The 13th-month persistency rate of life insurers - an important metric indicating the retention of new policies - declined in the first quarter of 2025-26 (Q1FY26).
This fall was primarily driven by a lower share of high-value policies, following taxation changes implemented in April 2023.
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Rediff Video Desk
on Mon, 11 Aug 2025 23:58:49 +0530
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Tags: Renewal of life insurers' policies, after 1 year, declines in June quarter