Motilal Oswal: SBI Life Insurance Q2 Update - Protection Trends Remain Robust; Cost Leadership Continues 
Customers wait in line at a State Bank of India branch in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Motilal Oswal: SBI Life Insurance Q2 Update - Protection Trends Remain Robust; Cost Leadership Continues 

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

SBI Life Insurance Company Ltd. posted a rebound in business premium with individual Annual Premium Equivalent growing at 14% YoY in October 2020 after reporting a consecutive decline for the past many months.

During Q2 FY21, the Unit Linked Insurance Plan business declined 13% YoY but grew 166% QoQ from the troughs seen earlier.

Protection growth remains robust both in individual and group segments and is expected it to remain strong.

Click on the attachment to read the full report:

Motilal Oswal- SBI Life Insurance Q2 FY21 Update.pdf

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