Pandemic pushes sales of Rs 1 crore health insurance covers

“There has been high claims experience from the Rs 1-25 lakh segment. So premium rates shot up 50-100% there. And since the Rs 25 lakh -1 crore segment is fairly new, premium rates are low — an indirect benefit of cross-subsidy,” said Biresh Giri, appointed actuary and CRO, Acko Insurance.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/insure/health-insurance/pandemic-pushes-sales-of-rs-1-crore-health-insurance-covers/articleshow/79913848.cms