Life Insurance Q4 Earnings Preview - Favourable Base For Growth; Steady Margins: Prabhudas Lilladher 

Life Insurance Q4 Earnings Preview - Favourable Base For Growth; Steady Margins: Prabhudas Lilladher 

A person filling SBI Life Insurance form. (Source: BloombergQuint)

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Prabhudas Lilladher Report

Life Insurance premiums for FY21 should end with positive growth, led by favorable base and strong focus on non-participating products i.e. protection and savings.

Q4 FY21 should be relatively slower compared to pick up seen in Q2 and Q3 FY21, although focus on high margin products will enable small uptick in margins.

We expect our coverage annual premium equivalent to grow at 13% YoY in Q4 FY21 and 1% YoY in FY21, of new business to grow at 25% YoY in Q4 FY21 and 9% YoY in FY21 led by 110-450 basis points YoY rise in margins.

Click on the attachment to read the full report:

Prabhudas Lilladher Life Insurance Q4FY21 Result Preview.pdf
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