Sector Other Financial Services - Latest news, views and updates

SECTOR | 16 Apr 2024

Margin softness to persist; FY25E business outlook commentaries to be the key

KRChoksey

In FY24E, the life insurance players saw higher traction in low-margin ULIP segment due to changes in the taxation norms. However, the companies faced challenges to sustain growth in high-ticket non-linked segments.

Other Financial Services

SECTOR | 10 Apr 2024

Asset Management Companies

Other Financial Services

Prabhudas Lilladhar

Other Financial Services

SECTOR | 05 Apr 2024

Diversified Financials: Q4FY24 Preview Steady quarter

Other Financial Services

BOB Capital Markets Ltd.

VNB margins expected to stay under pressure for life insurers; SBI Life (TP Rs 1,970) remains our top pick

Other Financial Services

SECTOR | 18 Mar 2024

Total life insurance policies grow by 9.2% YoY to 25 lakh in February 2024

Other Financial Services

Trendlyne Analysis

Private insurers sold 7.8 lakh policies in February 2024, while LIC sold 17.2 lakh schemes. The first-year premium of private insurers grew by 27.8% YoY to Rs 14,017.2 crore in the same period. While LIC's premium rose YoY to Rs 19,896 crore, its market share jumped by 670 bps YoY.

Other Financial Services

SECTOR | 20 Feb 2024

First Light | Currency Outlook, JK Lakshmi Cement, Insurance, Building Materials

Other Financial Services

BOB Capital Markets Ltd.

Currency Outlook: Fortnightly forex review. JKLC: Volumes slow, headwinds continue retain SELL. Insurance: Q3FY24 Review Private insurers dominate the quarter. Building Materials: Q3FY24 Review Soft quarter on poor demand and margin pressure

Other Financial Services

SECTOR | 25 Jan 2024

Chalet Hotels: Q3FY24 Result Review

Other Financial Services

IDBI Capital

Other Financial Services

SECTOR | 12 Jan 2024

Life Insurance Companies Monthly Business Update- January -2024

Other Financial Services

KRChoksey

The number of policies sold grew 1.2% YoY in December–23 for the merged entity (HDFCLIFE+ Exide Life). For the YTD FY24 period, the number of policies sold grew by 9.0% YoY.

Other Financial Services

SECTOR | 11 Jan 2024

Modest growth expected; Stable VNB Margins

Other Financial Services

KRChoksey

In Q3FY23E, we expect the Gross Written Premium (GWP) to continue to report moderation in the growth rates, led by slower growth in the New Business Premium (NBP). The life insurance companies had reported a decline in non-par segment growth in H1FY24, which will continue in
Q3FY24E as well.

Other Financial Services

SECTOR | 08 Jan 2024

HFCs

Other Financial Services

Prabhudas Lilladhar

Other Financial Services

SECTOR | 08 Jan 2024

Asset Management Companies

Other Financial Services

Prabhudas Lilladhar