comparemela.com

Latest Breaking News On - Vnb - Page 1 : comparemela.com

ICICI Prudential Life: ICICI Prudential Life net profit falls 26% in Q4

The value of new business (VNB) declined 26.4% to ₹776 crore versus ₹1,055 crore in the corresponding quarter previous year. The company reported a 17% growth in net premium income to ₹14,788 crore against ₹12,629 crore in Q4FY23.

HDFC Life Insurance stock valuation needs a growth agent

With flat growth in annual premium equivalent and a dip in the value of new business, HDFC Life s investors may need to rethink expectations as growth slows and valuations remain high

premium growth: Life Insurers premium growth may be muted

In the first quarter of FY24, HDFC Life, SBI Life, and Max Financial Services are projected to achieve year-on-year annual premium equivalent (APE) growth of 15%, 8%, and 8%, respectively, while ICICI Prudential Life is likely to experience a 9% decline in APE on year. According to Motilal Oswal, value of new business (VNB) growth is estimated at approximately 8% on-year for SBI Life, 28% for HDFC Life, and 17% for Max Financial Services, while ICICI Prudential Life s VNB is expected to decline by 5% on year in the first quarter.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.