‘I expect market conditions to remain tough in 2013 also’
George Mathew: Jun 04 2012, 00:48 IST
of Rs 271 crore last year.
What has been your strategy in terms of new products?
Last year, 86 per cent of premiums came from Ulips. This year Ulips contributed less at 56 per cent. We would like to restrict conventional products to 30-40 per cent. Given the uncertainty, where the equity market is also not doing well, there has been a general shift among consumers to power products.
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