ICICI Securities: Private Life Insurers’ Annual Premium Equivalent Remains At Rs 4,000 Crore In November 

ICICI Securities: Private Life Insurers’ Annual Premium Equivalent Remains At Rs 4,000 Crore In November

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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

On YoY basis, individual annual premium equivalent / total APE for HDFC Standard Life Insurance Company Ltd. and Max Life grew 20.4% / 10.2% and 7.5% / 7.9% respectively while SBI Life Insurance Company Ltd., ICICI Prudential Life insurance Company Ltd. and Bajaj Alliance reported decline of 5.7% / 2.5%, 31% / 25%, 5.4% / 12.6% YoY respectively.

Growth has been led Max Life (8.6% / 9.1%) followed by HDFC Life (4.7% / 9.2%) and Bajaj Alliance 3.7% / 7% while SBI Life and ICICI Prudential Life witnessed decline of 8% / 14% YoY and 28.9%/ 34.9% YoY.

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ICICI Secirities Life Insurance Monthly.pdf
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