Generali Central Life to launch pension solutions by Q4 FY26: CEO Alok Rungta

• Generali Central Life plans to enter the pension segment by Q4 FY26 with a dedicated retirement solution.
• The company rebranded from Future Generali India Life Insurance after Generali increased its stake and partnered with Central Bank of India.
• The partnership with Central Bank of India has shown early success, activating 4,200 branches and generating Rs 100 crore in new business in 100 days.
• Generali Central Life launched a new ULIP-plus-protection product ("Tulip") in October, which contributed 20% of business in November.
• The company's product mix has evolved post-GST, with ULIPs rising to 20% and term business doubling.

Why It Matters: Generali Central Life's pension entry addresses India's aging population's financial needs.