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Life Insurance - Healthy Growth For Private Peers In Q3; Margins To Be Range-Bound: Nirmal Bang
Among Nirmal Bang's coverage, ICICI Prudential Life and Max Life have seen sustained momentum driven by growth across protection, annuity and NPAR businesses.
13 Jan 2025, 10:54 AM IST 
Individual annual premium equivalent trend for private life insurers was lukewarm; SBI Life Insurance Company Ltd. saw a decent pick-up on strong banca volumes.
(Source: freepik)
Among our coverage, ICICI Prudential Life Insurance and Max Life have seen sustained momentum driven by growth across Protection, Annuity and NPAR businesses. Expect Q3 FY25 value of new business margins to be be range-bound due to the impact of the new surrender value guidelines.
