ICICI Securities: Standalone Health Insurers Outperform
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ICICI Securities: Standalone Health Insurers Outperform

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

September 2020 gross direct premium income dipped 4% YoY after three consecutive months of positive growth.

The dip could be due to large base of crop insurance in September 2019.

Monthly average run rate of crop GDPI in FY20 was Rs 27 billion and September 2019 saw GDPI of Rs 109 billion.

Standalone health insurers continue to witness robust GDPI growth of 38% and 28% YoY in FY21-to-date and September 2020 respectively.

Click on the attachment to read the full report:

ICICI Securities General Insurance Monthly Oct20.pdf

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