SBI Life Insurance’s Business Momentum Gaining Traction; Operating Metrics Steady: Motilal Oswal
A person filling SBI Life Insurance form. (Source: BloombergQuint)

SBI Life Insurance’s Business Momentum Gaining Traction; Operating Metrics Steady: 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

Business momentum is improving, led by strong growth in SBI Life Insurance Ltd. Protection and non-PAR segments.

The Unit-Linked Insurance Plan business is showing recovery trends as the market remains buoyant.

In the Protection segment, Individual Protection demand continues to remain strong, while momentum in the Credit Life business is picking up well.

The shift in product mix toward higher-margin Protection and Annuity business would continue to drive improvement in VNB margins.

SBI LIFE has formed new bancassurance partnership with Yes Bank, UCO Bank, and Suryoday Small Finance Bank.

YONO is also emerging as the key focus area for growth in Individual protection.

Click on the attachment to read the full report:

Motilal Oswal SBI Life Insurance Company Update.pdf

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