lazarus Dias - Merit list of change in Persistency Over last 8 years in Life insurance companies in last 8 years

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Merit list of change in Persistency Over last 8 years in Life insurance companies in last 8 years

Published: Aug 3rd, 2023 05:22 pmBy lazarus Dias

•Persistency shows the quality of the business procured by the life insurance company. % change in persistency over the last 8 years shows the movement of companies in either direction

•A drop in persistency over a period of time shows that the quality of business and the quality of the sales process is deteriorating

Example of a company Aeges Federal where the 61st-month persistency decreased from 54 to 39

•An increase in persistency shows that over a period of time, the quality of business and the quality of the sales process is improving

•Persistency shows the quality of the business procured by the life insurance company. %change in persistency over last 8 years shows the movement of companies in either direction

•Adrop in persistency over a period of time shows that the quality of businessand the quality of sales process is deteriorating

Examples of acompany Aeges Federal where the 61st month persistency decreased from 54 to 39

•Anincreasein persistency shows that over a period of time the quality of business and thequality of sales process is improving

•Exampleof a company is Reliance Nippon Life insurance where the 61st month persistency increased from 6 to 44

•Example of a company is Reliance Nippon Life insurance where the 61st month persistency increased from 6 to 44

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