Motilal Oswal: Private Insurers’ Individual Weighted Received Premium Back In Black; LIC Reports 5% Growth

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..Motilal Oswal Report.After reporting six consecutive months of decline, private players’ individual weighted received premium rebounded at 3.6% YoY in September 2020 (versus down 5.8% YoY in August 2020).The industry also posted growth of 4.1% YoY (versus down 2.3% YoY in August 2020).The overall industry, which has reported decline since the Covid-19 outbreak, has thus reverted to the positive trajectory for the first time since January 2020.Private players’ individual WRP declined 11.4% YoY for H1 FY21; for the industry, it dropped 7.4% YoY.Life Insurance Corporation of India continues to report a positive trend with growth of 4.8% YoY in individual WRP (versus 2.1% YoY in August 2020).In H1 FY21, LIC’s individual WRP declined 1.7% YoY..Click on the attachment to read the full report:.DISCLAIMERThis 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 brokerage 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.

Motilal Oswal: Private Insurers’ Individual Weighted Received Premium Back In Black; LIC Reports 5% Growth

Motilal Oswal: Private Insurers’ Individual Weighted Received Premium Back In Black; LIC Reports 5% Growth

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