NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.ICICI Securities ReportVolume versus margins choices shall play an important part for both life and general insurers in FY25. Higher Unit Linked Insurance Plan-driven volumes in life insurance will likely accompany a declining margin profile.However, it is more of an underwriting call in general insurance, wherein motor target price or group health growth could lead to adverse margins depending on business selection.On a comparative basis, life insurers can be set for healthy value of new business growth despite margin decline as indicated in the Q1 FY25 results. In general insurance, underwriting results will eventually decide the right strategy.We also have put some of the important management commentary in the insurance space in this report which apart from strategic direction highlights this volume versus margin prerogative.Click on the attachment to read the full report:Adani Enterprises Shares Rise After Company Increases Bond Sale SizeDISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.Users have no license to copy, modify, or distribute the content without permission of the Original Owner.