Share this page!

Enter Twitter Thread URL to Unroll

Needs to be the full URL like: https://twitter.com/threadreaderapp/status/1644127596119195649

How to get URL link on Twitter App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Yash Jain Profile picture
@YashJain88
Jun 9 • 4 tweets • 2 min read Twitter logo Read on Twitter
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
Macquarie On Indian Insurance

▪️Cut FY24e & FY25e
-Margin Estimates
-VNB Estimates
-APE Estimates Image

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Yash Jain

Yash Jain Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @YashJain88

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
Yash Jain Profile picture
May 25, 2022
▪️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
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

Send Email!

:(