for life insurance business
Data is from the annual reports from 2019 to 2022
they have limited themselves to 81000 policies and need to do at least a 10% increase every year
customers are in the same range not able to acquire new customers
persistency ratio is decreasing means miss selling is increasing
increase in advisors /agents not helping and not giving enough business they should try partnerships with banks and nbfcs and focus on creating their trustable brand and marketing
we should ask management about this
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