SBI Life is looking at re-pricing of the protection products. Prices will be competitive and should come in this quarter, said Mahesh Kumar Sharma, MD and CEO of SBI Life.
The company’s Q2FY21 results were mostly in-line with expectations.
“Margins have increased from 18.1 percent to 18.8 percent,” Sharma said in an interview with CNBC-TV18.
“We have seen growth in the demand for insurance products. We will ensure that going forward we have a good growth in value of new business (VoNB) margins,” he added.