Generali Central Life Insurance eyes higher growth trajectory

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Summary

Generali Central Life Insurance expects stronger growth in FY27 after gaining customer trust from Central Bank of India becoming a shareholder. The company benefited from bank assurance access to about 4,500 branches, which should help it expand in tier II and III cities. Management also says it is adjusting to recent surrender value norms and GST changes while aiming to outgrow the industry. The insurer is increasing AI spending and using a Digital Smart Manager platform to improve customer needs capture and product recommendations.

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