ING Life aims 15% growth in new biz premiums
Aiming to break even in the next three years, ING Life is targeting a 15 per cent increase in its new business premiums, a top company official today said. - ING Life launches new investment solution - ING writes to Irda on move to split biz - ING Life eyes 60 per cent growth in renewal premium - ING Life eyes 60% growth in renewal premium - ING Life, Suvidhaa to roll out over 700 renewal collection outlets in Guj - Insuring the future ING Life, a part of the ING Group, has launched five new customer centric unit linked insurance products (ULIPs) on Jan 1 and was hoping to sell about 30,000 products per month nationally, the company"s Chief Operating Officer Ashwin B told reporters here. The new ULIPs would increase the yield of the customers as charges on the products have been reduced and significant loyalty additions have also been made, thus making it very attractive, he said. The company has also introduced two new funds and "pre defined" strategies to help customers choose their investment approaches. Customers can also enjoy loyalty additions to their funds up to 275 per cent of their initial allocation charges, he said. The new ULIPs are -- New Creating Star, New Prime Life, Freedom Plan, Future Perfect and Golden Life. It has also launched two new funds--ING Prime Equity where 100 per cent funds would be invested in equity instruments and ING Preserver where 100 per cent of the funds would be invested in debt instruments, both at an NFO of Rs 10. Besides, two pre-defined investment strategies — ING Prudent and ING Enhancer — for customers were also announced.payday loans online commented:
ING life is claiming growth in the industry and the growth will lead to better results for the investors
27.09.2011
payday loan commented:
Such target is really a result of their high ambitions. I hope and wish them to reach their target .
01.12.2011
Escorts in Gurgaon commented:
It is an important topic. People need to check these things.
19.12.2011
Cash Payday Loan commented:
Such high ambition is sounding somewhat impractical to me personally as market is taking low turn .However,they are doing great job and I wish them good luck for it.
19.12.2011
Asian Private Funds commented:
I am happy that they are thinking of big goal and I think such high goal is difficult to get but not impossible at all..I wish them luck to get that with speed.
13.01.2012
Mortgage Specialist commented:
The way country is growing now, we can expect this from them that they will be able to achieve this much of growth specially in the Insuarnce sector which is still to boost in India.
24.01.2012
Family Offices Singapore commented:
Such targets are very nice and I wish them to get such goal soon. I am sure that they will definitely get this very easily.You have updated very nicely the matter.
06.02.2012