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This Article is From Oct 13, 2022

Life Insurance Q2 Preview - APE Growth To Be Moderate; VNB Margins Will Continue To See Improvement: KRChoksey

Life Insurance Q2 Preview - APE Growth To Be Moderate; VNB Margins Will Continue To See Improvement: KRChoksey
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STOCKS IN THIS STORY
HDFC Life Insurance Co Ltd
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BQ Prime'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 BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy. 

KRChoksey Research Report

In FY23E, the life insurance companies will continue to focus on the non-Par, annuity and protection segment for growth. The concentration of unit linked insurance plan is expected to be slightly lower for a few players considering their strategic growth plans.

ULIP and retail protection segments see a healthy recovering trend from H2 FY23E.

Given the long-term structural opportunity, we remain bullish on the life insurance sector. We believe the life insurance sector is a good bet from a long-term investment perspective. The average price/enterprise value for 2024E is 2.0 times, compared to a historical average of 3.5 times.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime 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 BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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