'Current scenario is volatile, but bodes well for the insurance industry'

Kamlesh Rao, managing director and chief executive officer at Aditya Birla Sun Life Insurance shares his views on the road ahead for the life insurance industry

At a time when Covid induced uncertainties around life and money, turbulent markets and falling interest rates played a key role in increasing demand for relevant life insurance products, says KAMLESH RAO, managing director and chief executive officer at Aditya Birla Sun Life Insurance in an interview with Puneet Wadhwa. Edited excerpts:

How has the insurance sector evolved during the pandemic? 

The pandemic has been an uncertain moment in people’s lives and has been around longer than expected. It has led individuals to realise the need to protect one’s health as well as finances even more. This shift in mindset