News From Press Non-par, pension products grow, but Ulips slow down materially in Q4: Report

Non-par, pension products grow, but Ulips slow down materially in Q4: Report

Source: Mint May 12, 2022

Unit Linked Insurance Plans or Ulips made a strong comeback in 9MFY22 (retail annual premium equivalent +50% YoY), but the category witnessed a slowdown materially in Q4 (+8% YoY), according to Emkay Global Financial Services' insurance sector report. In FY22, Ulip retail annual premium equivalent (APE) grew to 33%. Click here to read

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