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Protection products are expected to support margins, while proposed changes to distribution payouts and expense limits are likely to dominate insurers’ earnings discussionsIndian life insurers are expected to report year-on-year growth of 10-20 per cent in value of new business (VNB) in the second…
Retail protection growth and a favourable product mix are expected to support life insurers' Q2FY27 profitability, while higher claims ratios could weigh on general insurers.
Net profit rose 11% YoY to ₹712 million in H1FY27. Value of New Business increased 24% to ₹2,658 million with margins at 21.3%. Board approved NCD issuance of up to ₹28.75 billion via private placement. Solvency ratio declined to 180.4% due to Mark-to-Market losses in ULIP funds. Audio recording of Q2FY27 analyst meet…