Want our protection segment to be in double digits: Kotak Life MD & CEO

'We believe there is a huge opportunity in the protection and annuity segments', said Balasubramanian

Kotak Mahindra Life Insurance Company (Kotak Life) has grown faster than the industry so far this financial year. Hopefully, this trend should persist. Mahesh Balasubramanian, managing director and chief executive officer, Kotak Life, in conversation with Subrata Panda talks about the company’s focus areas, impact of changes brought in by the regulator, among others. Edited excerpts:

How has business been so far this financial year?

Business has bounced back. The base effect had a role in it. Until July, the industry had seen growth of 29 per cent in individual business — we grew 39 per cent. Overall, we saw