Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Nov 10, 2020

Motilal Oswal: Private Insurance Players’ Individual Weighted Received Premium Grows 14% YoY In October

Motilal Oswal: Private Insurance Players’ Individual Weighted Received Premium Grows  14% YoY In October
An agent selling insurance products to customers. (Photographer: Brendon Thorne/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.

Motilal Oswal Report

Private players' individual weighted received premium (WRP) reported strong growth of 14.4% YoY in October 2020 (versus 3.6% YoY in September 2020) while industry posted growth of 10.7% YoY (versus 4.1% YoY in September 2020).

The overall industry, which witnessed a decline since the outbreak of Covid-19, has reported strong growth in October 20 after bouncing back to the positive trajectory in September 20.

For FY21 year-to-date, private players' individual WRP declined 7.8% YoY and for the industry, it dropped 4.8% YoY.

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.

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