Top line flat and the insurer loses market share in FY25; valuation attractive
SBI Life continues to maintain its leadership position among private life insurers
HDFC Life posted flat annualised premium equivalent in FY24 as the changes introduced in the Budget 2023 impacted its high-ticket sized business
While the insurer’s low valuation helped the rally in the stock, the financial performance can add momentum, going forward
The valuation of the stock points to more upside, but certain issues are dogging the life insurance behemoth
Healthy business growth with improving product mix, if sustained, can lead to a valuation re-rating of the life insurer gradually
The Q4FY23 performance of the insurer holds out hope of a healthy top-line growth in the future
The life insurer’s stock is trading closer to its lowest level despite healthy operating performance
The re-rating of the stock is contingent upon the private life insurer’s ability to quickly grow its top line
LIC’s stock price jumped 6 percent on Monday, following the earnings announcement. Strong top-line growth compared to private players and not the ten-fold increase in profit was the reason for the rally
ICICI Pru’s Q1 FY23 earnings underscore that it is well on track to achieve the VNB target for FY23
Business transformation visible in improving product mix, higher margins and enhanced distribution channels
Given the promising sector outlook, which life insurance company’s stock is a worthy investment consideration at this juncture? Watch the video to find out the best bet among life insurers.
While COVID-19 is a speed breaker, it doesn’t derail the structural growth story of the life insurance sector
ICICI Pru is well on track to transit from a capital market player into a diversified franchise
The insurer‘s asset under management at the end of December 2016 (April to December) stood at Rs 113611 crore