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This Article is From Apr 07, 2021

Life Insurance Sector Q4 Earnings Preview - Growth Returns, Margins Marginally Better: KRChoksey 

Life Insurance Sector Q4 Earnings Preview - Growth Returns, Margins Marginally Better: KRChoksey 
An applicant fills out a form.  (Photographer: David Paul Morris/Bloomberg)

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.

KRChoksey Report

After a relatively weaker last quarter, growth is likely to have returned. Also, some of it is likely to be on account of a low base. Players are likely to have remained aggressive.

As per the Insurance Regulatory and Development Authority, the first two-month premiums have grown 4% sequentially and 12% YoY for the industry.

The same has grown 24% and 16% YoY respectively for private players.

We expect this to be driven by guaranteed and protection products. We expect unit linked insurance plan to remain slow albeit on a low base.

We expect Covid-19 claims to remain low, but the non Covid-19 claims to normalise.

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.

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