Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Apr 08, 2021

Life Insurance Q4 Earnings Preview - Favourable Base For Growth; Steady Margins: Prabhudas Lilladher 

Life Insurance Q4 Earnings Preview - Favourable Base For Growth; Steady Margins: Prabhudas Lilladher 
A person filling SBI Life Insurance form. (Source: BloombergQuint)

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.

Prabhudas Lilladher Report

Life Insurance premiums for FY21 should end with positive growth, led by favorable base and strong focus on non-participating products i.e. protection and savings.

Q4 FY21 should be relatively slower compared to pick up seen in Q2 and Q3 FY21, although focus on high margin products will enable small uptick in margins.

We expect our coverage annual premium equivalent to grow at 13% YoY in Q4 FY21 and 1% YoY in FY21, value of new business to grow at 25% YoY in Q4 FY21 and 9% YoY in FY21 led by 110-450 basis points YoY rise in margins.

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 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.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search