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Insurers to go slow on pay hike

The insurance industry saw a decline in its growth rate which is resulting in to lower pay hike.

Apnainsurance.com Research Bureau

06 May 2008

Insurance companies can see bad appraisals this year. This is the result of the slow growth of the insurance industry. The trend is seen in the entire BFSI sector and not only insurance industry. Bharati Axa Life says to give increment of around 16 per cent but says that other players may give lesser.