Life Insurance Q1 Results Preview - Premium Growth Momentum Expected To Continue: KRChoksey

Copies of the application for insurance. (Photographer: Andrew Harrer/Bloomberg).

Life Insurance Q1 Results Preview - Premium Growth Momentum Expected To Continue: KRChoksey

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.

KRChoksey Report

Q1FY22 is expected to be a mixed bag. The companies will have robust topline growth, but the second wave of Covid-19 will result in increased claims.

Given the spike in death and morbidity rates caused by the pandemic, the insurance industry's profitability is expected to be a cause of concern in the short term.

We anticipate Unit Linked Insurance Policies will continue to provide a boost to growth since this segment has seen growth momentum from H2FY21. Non-participatory and protection segment will continue to grow, bolstered by better investment in bancassurance.

Click on the attachment to read the full report:

KRChoksey Life Insurance Q1 Preview.pdf

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.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.