Business Standard

Non-par products haven't really picked up much: Bajaj Allianz Life MD & CEO

Tarun discusses strategies to boost sales in the remaining months of this financial year, with introduction of new products

Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance
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Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance

Manojit Saha

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Tarun Chugh, managing director (MD) and chief executive officer (CEO) of Bajaj Allianz Life Insurance, discusses strategies to boost sales in the remaining months of this financial year, with introduction of new products in an interview with Manojit Saha for Business Standard’s The Banking Show. Edited excerpts:

During the April-October period, the growth in the number of policies was around 22 per cent for Bajaj Allianz. However, the new business premium growth was only 1.6 per cent. What was the reason for this muted growth?
 
When you are talking of a new business premium, it has a few components. In

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