1/ Thread on India's Life Insurance
A massive investment opportunity over the coming decade.
Ambit Capital says the opportunity lies in #protection and #annuity business.
A massive investment opportunity over the coming decade.
Ambit Capital says the opportunity lies in #protection and #annuity business.
2/ Ambit Capital's study reveals #protection could grow 8x in 10 years.
₹29 lakh crore of retirement corpus is estimated to grow at 15% to drive #annuity at 20% CAGR.
This implies that private insurance could grow 14.5% CAGR over the next decade.
₹29 lakh crore of retirement corpus is estimated to grow at 15% to drive #annuity at 20% CAGR.
This implies that private insurance could grow 14.5% CAGR over the next decade.
3/ #LIC is the market leader with 72% market share
LIC is expected to list around ₹10-12 lakh crore market cap.
LIC has total assets of ₹32 lakh crore in 2020.
LIC gains market share despite COVID disruptions.
Super investors do not prefer PSU stocks with few exceptions.
LIC is expected to list around ₹10-12 lakh crore market cap.
LIC has total assets of ₹32 lakh crore in 2020.
LIC gains market share despite COVID disruptions.
Super investors do not prefer PSU stocks with few exceptions.
4/ #HDFCLife is the most profitable life insurer based on Value of New Business (VNB) margin.
It is among the top private life insurer.
It has a strong parentage and trust of customers because of the brand 'HDFC'
HDFC Group is well recognized for its focus on profitable growth.
It is among the top private life insurer.
It has a strong parentage and trust of customers because of the brand 'HDFC'
HDFC Group is well recognized for its focus on profitable growth.
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