Edelweiss Life Insurance expects to grow in double digits over the next 2-3 years and hopes to achieve breakeven by FY27, its MD and CEO Sumit Rai has said. "We are about a 14-year-old organisation. The early years, particularly between 2011 and 2016, were a muted period of growth for the life Insurance industry overall. We were also new at that stage and deliberately conservative in how we approached the business. The real inflection in our growth came post 2017-2018," he told PTI. The insurer was primarily a one-channel company early on, he said, adding that "we now operate as a multi-channel insurer, with proprietary and partnership distribution contributing roughly 50-50". The same balance is reflected in the company's product mix as well, he said. The company's consistent focus has been on building a well-diversified, long-term business across channels and products, he added. In FY26, he said, the company is looking to close around Rs 650 crore of new business and a total pre