Life Insurance is a long-term product that results in companies having a long-term association with customers. Persistency in Life Insurance, simplistically explained, is a measure of how long the ...
Maintaining continuity by paying premiums on time over a period only comes when you are satisfied with the policy provided by your insurer. And to check this metric, you should first understand the ...
The persistency ratio (PR) is the percentage of all the policies renewed annually by consumers.(PTI) The persistency ratio (PR) is the percentage of all the policies renewed annually by consumers.
Persistency of a life insurance policy indicates whether the customer is renewing his or her policy each year or quitting it midway. A high persistency rate reflects good sales practices because life ...
In order for life insurance customers to attain maximum benefits, it is crucial for the persistency ratio to be far higher than its current level, top executives of the industry said at the Business ...
New Delhi: Health insurance renewals in the country have reached record-high persistency levels in FY26, driven by the rise of modular, cost-effective, and high-cover policies, according to a report ...
Earnings Call Insights: Radian Group, Inc. (NYSE:RDN) Q4 2024 CEO Richard Thornberry highlighted the company's record-high primary mortgage insurance in force of $275 billion, a 2% year-over-year ...