As the cash value increases, the insurance company's risk decreases as the accumulated cash value offsets part of the insurer's liability. (investopedia.com)
The company also made waves as part of the insurer exodus from the individual insurance sector (including Obamacare marketplaces), which led to almost $ 700 million in losses between 2014 and 2016, according to Aetna. (fortune.com)
Ritesh Kumar, the Chief Executive Officer and Managing Director of HDFC ERGO General Insurance Company said that this union is a significant landmark for the company as bancassurance forms an imperative part of this insurer's growth plan. (policybazaar.com)