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This Article is From Oct 27, 2020

Motilal Oswal: SBI Life Q2 Review - Persistency Improves Across Cohorts; Cost Leadership Continues  

Motilal Oswal: SBI Life Q2 Review - Persistency Improves Across Cohorts; Cost Leadership Continues  
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.

Motilal Oswal Report

SBI Life Insurance Company Ltd. reported strong protection trends in both retail and group protection, while the trend in unit linked insurance plan remained tepid.

H1 FY21 value of new business margins remained broadly stable at 18.8% (versus 18.7% in Q1 FY21), supported by an improving business mix.

Persistency improved across cohorts, with the highest improvement seen in 61st month (by 340 basis point YoY to 60.9% in H1 FY21), which aided growth in the renewal business.

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.

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