Motilal Oswal: Private Insurance Players’ Individual Weighted Received Premium Grows 14% YoY In October

Motilal Oswal: Private Insurance Players’ Individual Weighted Received Premium Grows 14% YoY In October

An agent selling insurance products to customers. (Photographer: Brendon Thorne/Bloomberg)

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

Private players’ individual weighted received premium (WRP) reported strong growth of 14.4% YoY in October 2020 (versus 3.6% YoY in September 2020) while industry posted growth of 10.7% YoY (versus 4.1% YoY in September 2020).

The overall industry, which witnessed a decline since the outbreak of Covid-19, has reported strong growth in October 20 after bouncing back to the positive trajectory in September 20.

For FY21 year-to-date, private players’ individual WRP declined 7.8% YoY and for the industry, it dropped 4.8% YoY.

Click on the attachment to read the full report:

Motilal Oswal Insurance Sector Update.pdf
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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.

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