Life Insurance - Private Players’ Individual Weighted Received Premium Grew By 39% In August: Motilal Oswal
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Life Insurance - Private Players’ Individual Weighted Received Premium Grew By 39% In August: 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

Private players’ Individual Weighted Received Premium grew 39.1% YoY in August 2021 (two-year compound annual growth rate of 14.5%; up 21% in July 2021), while the industry posted a growth of 18.9% (two-year CAGR of 7.8%; up 15% in July 2021).

In FY22 year-to-date, private players’ Individual WRP grew 30.8% YoY (two-year CAGR of up 5.3%).

The same for the industry grew 16.7% YoY (two-year CAGR of up 2.4%).

Life Insurance Corporation of India reported a decline of 5.1% YoY (two-year CAGR of down 1.5%; down 4.2% in July-21) in Individual WRP.

In FY22 YTD, LIC’s Individual WRP fell 0.4% YoY (two-year CAGR of down 1.8%).

Click on the attachment to read the full report:

Motilal Oswal Life Insurance Monthly Update.pdf

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