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    Home ยป Edelweiss Life Insurance Expected to Reach Break-Even Point by Fiscal Year 2027, Says MD & CEO Sumit Rai
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    Edelweiss Life Insurance Expected to Reach Break-Even Point by Fiscal Year 2027, Says MD & CEO Sumit Rai

    insurancejournalnewsBy insurancejournalnewsMarch 17, 2025No Comments1 Min Read
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    Edelweiss Life Insurance, a joint venture between Edelweiss Financial Services and Tokio Marine Nichido, is projecting to reach its break-even point by fiscal year 2027. This marks a significant milestone for the private sector insurer, which began operations in India approximately fifteen years ago.

    The company has been operating at a loss, necessitating capital infusions from its Indian parent company. In fiscal year 2025, Edelweiss Financial Services injected Rs 200 crore into the life insurance arm.

    “We should break even by FY26-27. Until that point, I anticipate we will need capital infusions. However, once we achieve break-even, I don’t foresee requiring substantial additional capital,” stated Sumit Rai, managing director and chief executive officer of Edelweiss Life Insurance.

    Sumit Rai, managing director and chief executive officer, Edelweiss Life Insurance
    Sumit Rai, managing director and chief executive officer, Edelweiss Life Insurance
    Edelweiss Life Insurance insurance Sumit Rai
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    Bharti AXA Life Insurance Promotes Amber Prakash to Vice President – Human Resources

    By insurancejournalnewsJuly 11, 20250
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