Diversified Financials Q4 Earnings Preview - More Hits Than Misses: ICICI Securities

BQ Blue’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 BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.Q4 FY21 was a good quarter for equity exchanges, depositories and asset management companies with record volumes in equities, continued demat additions, growth in National Stock Exchange active client and ~8% overall QoQ growth in average assets under management.Life insurance new business premiums also returned to a strong growth trajectory (15/17% YoY growth in private life new business profit in January/February 2021).Continued lower unit link insurance plan mix, cost savings, reserve releases and higher volumes should help maintain/outperform value of new business margins in Q4 FY21.Comparatively, non-life insurance gross direct premium income witnessed lower growth (ex-crop GDPI growth of 7%/8% YoY in Jan/Feb-21)..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint 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 BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Diversified Financials Q4 Earnings Preview - More Hits Than Misses: ICICI Securities

Diversified Financials Q4 Earnings Preview - More Hits Than Misses: ICICI Securities

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