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.
CARE Ratings Research Report
Even as the second wave of Covid-19 has caused the nascent buds of economic recovery to wilt in April 2021, the non-life insurance industry has put up a strong performance as the April 2021 monthly numbers reported a 22.1% growth continuing with trend seen during the previous month.
Non-life insurance premium reached Rs 17,309.5 crore for the month of April 2021 compared to Rs 14,174.1 crore in April 2020.
Growth has been driven by the low base effect in April 2020 (national lockdown in April 2020 versus localised lockdowns in April 2021), the anticipated renewals in the fire segment (as witnessed in April 2020) along with continued strong growth in the health insurance segment.
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.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR