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
ICICI Prudential Life Insurance Company Ltd. posted 23% year-on-year growth in new business premium, led by steady traction in both regular and single premium business.
Annual premium equivalent in Q4 grew 27% year-on-year (22% beat, 27% year-on-year decline in M9 FY21), led by a 106% growth in Non-Linked Savings APE.
Annuity APE grew 215% year-on-year (120% for FY21), while linked APE growth recovered to 11% YoY.
Persistency improved across most cohorts, with 13th-month persistency at 84.8% (higher than pre-Covid levels).
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.