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.
ICICI Securities Report
We remain enthused with ICICI Prudential Life Insurance Company Ltd.'s product and channel diversification strides, which has made the business considerably more robust than before.
This is illustrated by the fact that the Rs 21.6 billion FY22 Value of New Business mix is split between 16% by ULIPs, 43% by protection and 41% by non-linked savings.
While volume growth has been volatile, product/distribution levers are available for volume and margin growth, which should ensure >15% RoEV.
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