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.
Anand Rathi Report
Private life-insurers growth momentum continued in August 2021, whereas Life Insurance Corporation of India, the sole public-sector entity, was weak.
Private-sector new-business premiums grew 21% YoY. LIC’s NBPs were down 4% YoY.
At end-August-21, NBPs amounted to Rs 278 billion (Rs 270 billion a year prior).
The annual-premium equivalent for the private sector grew 36% YoY at end-August-21.
LIC’s APE slid 3% YoY. At end-August-21, total APE was Rs 89 billion (Rs 78 billion a year prior).
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