Motilal Oswal: Max Life’s Business Trends Steady; Persistency Rate To Improve
An agent selling insurance products to customers. (Photographer: Brendon Thorne/Bloomberg)

Motilal Oswal: Max Life’s Business Trends Steady; Persistency Rate To Improve

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

To get an update on business trends across key products, distribution channels, and persistency trends, we interacted with Mr Prashant Tripathy – Managing Director and Chief Executive Officer of Max Life Insurance.

Here are the key insights from our discussion -

The company has been delivering relatively stronger growth trends versus peers as the industry recovers from sharp premium decline amid the Covid-19 pandemic.

This is primarily led by a shift in the product mix toward the protection and non-participating segments, which are seeing healthy demand in the current environment.

Also, a strong push via the banca channel has supported premium recovery.

Click on the attachment to read the full report:

Motilal Oswal Max Life Insurance Company Update.pdf

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