SBI Life’s Business Momentum Remains Strong, Valuations Looks Attractive: ICICI Securities
A person filling SBI Life Insurance form. (Source: BloombergQuint)

SBI Life’s Business Momentum Remains Strong, Valuations Looks Attractive: ICICI Securities

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.

ICICI Securities Report

There is possible volume traction in life insurance companies as evinced by premium sales in the months of December 2020, January-February 2021.

There will be growth levers ahead which include -

1. revival of traditional bancassurance channels (new tie-ups will become productive), which were subdued due to Covid-19,

2. opening of medical tests for protection,

3. revival of unit-linked insurance plan sales with broad market performance and

4. weak base of H1 FY21.

In most of these parameters, SBI Life Insurance Company Ltd. is better placed among peers.

Click on the attachment to read the full report:

ICICI Securities SBI Life Company Update.pdf

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