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Yash Jain Profile picture
@YashJain88
May 25, 2022 • 5 tweets • 3 min read • Read on X
Scrolly
▪️Road Transport Min & IRDAI Notify New Motor Third Party (TP) Insurance Premium  

▪️New Motor Third Party Premium Effective From June 1, 2022

▪️Revision In Motor TP Premium Proposed For The First Time In Nearly 3 Years

#Insurance #MotorInsurance #Auto #MotorThirdParty #IRDAI Image
🚘FOR NEW PRIVATE CARS

Premium For New Private Cars Hiked🔺1-23%

▪️Under 1000cc: Premium Hiked🔺23%

▪️Over 1000cc But Under 1500cc: Premium Hiked🔺12%

▪️Exceeding 1500cc: Premium Hiked🔺1% Image
🛵FOR NEW TWO WHEELERS 

Premium For New Two Wheelers Hiked🔺15-177%

▪️Under 75cc: Premium Hiked🔺177%

▪️Over 75cc But Under 150cc: Premium Hiked🔺17%

▪️Over 150cc But Under 350cc: Premium Hiked🔺35%

▪️Over 350cc: Premium Hiked 🔺16% Image
⚡️🚘 FOR NEW PRIVATE ELECTRIC CARS

▪️Under 30 KW: Premium Hiked 🔺27%

▪️Over 30 KW but Under 65 KW: Premium Hiked 🔺11%

▪️Over 65 KW: Premium Hiked 🔺1% Image
⚡️🛵FOR NEW ELECTRIC 2 WHEELERS 

▪️Under 3 KW: Premium Hiked 🔺177%

▪️Over 3 KW but Under 7 KW: Premium Hiked🔺17%

▪️Over 7 KW But Under 16 KW: Premium Hiked 🔺35%

▪️Over 16 KW: Premium Hiked 🔺16% Image

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More from @YashJain88

Yash Jain Profile picture
Jun 9, 2023
Macquarie Downgrades Indian Insurance

Downgrades To Neutral From Outperform

▪️HDFC Life: Tgt Price Cut To ₹556 Fm ₹655 (-15%)

▪️ICICI Pru Life: Tgt Price Cut To ₹486 Fm ₹580 (-16%)

▪️SBI Life: Tgt Price Cut To ₹1,306 Fm ₹1,580 (-17%)

#Insurance @SureshGangraf
Macquarie On Indian Insurance

Why Cut Target Price?

▪️Mac Expects VNB CAGR Of ~9-15% (FY23-FY26e) Vs ~17-30% (FY18-FY23)

▪️Margins Of ~30% Likely To Have Peaked

▪️Mkts Won’t Be Enthusiastic Unless Sector Delivers +20% VNB Growth
Key Risks To Estimates

▪️Upside Risk: Meaningful Pick-up In Growth

▪️Downside Risk: Substantial Decline In VNB Margins From Peak
Read 4 tweets
Yash Jain Profile picture
Sep 13, 2022
Insurance #Dematerialisation Is A BIG Revenue Opportunity For Depositories

#Depositories Which Benefit:
▪️CDSL (Listed)
▪️NSDL (Likely To File For IPO)
▪️CAMS (Listed)
▪️KARVY

Depositories To Open 30 Cr Insurance Demat A/cs W/Addition Of 53-55 Cr A/cs Annually
@CNBCTV18Live
IRDAI Has Mandated Issuance Of Insurance Policies In Demat Form

Timeline?
▪️All New Policies Fm Dec 2022
▪️All Old Active Policies By Dec 2023

Insurance Demat Will Be Different From Share Demat & Will Be Called EIA (Electronic Insurance A/c)
Insurance Dematerialisation- BIG Money For Depositories?

FY22 Revenue For Depositories
👉🏻CDSL: ₹606 Cr
👉🏻NSDL: ₹821 Cr
👉🏻CAMS: ₹927 Cr

Even Conservatively, Dematerialisation Of Insurance Could Double Revenues For Depositories

Here’s The Math👇🏻
Read 8 tweets
Yash Jain Profile picture
Jun 15, 2022
The Largest #IPO India Has Ever Seen & Even After Its Listing LIC Has Still Remained In The Spot Light!

LIC's Stock Is Down 28% From Its IPO Price

I Spoke To MR Kumar, Chairperson At LIC On All Opportunities & Uncertainities Around The Biz

#LIC #LICIPO #IPO #market #stocks
ON CORRECTION IN LIC'S STOCK PRICE

▪️LIC Stock Corrected Because Of Market Correction

▪️Don't See Any Concerns Around Biz

▪️LIC Is Doing As Good As Private Players On Biz Front

▪️LIC Investors Have To Remain Patient For Sometime
ON VNB MARGIN GROWTH

▪️Had VNB Margin Of 9.3% As On Sep 30, Pre-Bifurcated Margins Stood At 12%

▪️Looking At Growing Margin To At Least 15% In Medium Term

▪️Expect To Be On Par On Margin With Pvt Players (20-25%) In Long Term
Read 12 tweets

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