Insurance Sector Update - Covid-19 Linked Claims Remain An Overhang: Motilal Oswal
A person fills out an application form. (Photographer: Shiho Fukada/Bloomberg)

Insurance Sector Update - Covid-19 Linked Claims Remain An Overhang: Motilal Oswal

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

The surge in Covid-19 infections and fatality rates has raised concerns on mortality claims the industry may witness in the coming months.

Most insurers reported a higher claim experience in FY21 and have made provisions to absorb potential claims that may arise in the wake of a more devastating Covid 2.0.

We note that against the total Covid-19 related deaths of ~163,000 reported in FY21, the fatality count has already increased to ~152,000 in FY22 year-to-date.

The claim experience is thus likely to stay adverse over the next couple of quarters, all the more due to delays in the reporting of claims.

Click on the attachment to read the full report:

Motilal Oswal Insurance Sector Update.pdf


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.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.