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This Article is From Oct 14, 2020

ICICI Securities: Standalone Health Insurers Outperform

ICICI Securities: Standalone Health Insurers Outperform
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BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

September 2020 gross direct premium income dipped 4% YoY after three consecutive months of positive growth.

The dip could be due to large base of crop insurance in September 2019.

Monthly average run rate of crop GDPI in FY20 was Rs 27 billion and September 2019 saw GDPI of Rs 109 billion.

Standalone health insurers continue to witness robust GDPI growth of 38% and 28% YoY in FY21-to-date and September 2020 respectively.

Click on the attachment to read the full report:

DISCLAIMER

This 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 brokerage 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.

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