Non-Life Premiums Muted Growth Continues In November: CareEdge

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..CareEdge Research Report.The non-life insurance industry reported a premium of Rs 20,897.6 crore in November 2023, rising by a more sedate 8.8%, compared to last month’s 13.6% and 22.1% in November 2022. This slower growth can primarily be attributed to slow growth in Health and motor third party along with a fall in crop insurance. Meanwhile, for year-to-date-FY24, the industry has continued to report double-digit growth. This growth continues to be underpinned primarily by the health and motor insurance segments. However, compared to the last year, the growth continues to be marginally subdued due to a fall in the liability, marine and crop insurance, while fire and credit guarantee segments also reported subdued growth numbers compared to last year. The public sector premiums continued to be approximately a third of the aggregate premium..Click on the attachment to read the full report:.PI Industries - Maintain Buy As 11% Fall Has Priced In Worries: Nirmal Bang.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Non-Life Premiums Muted Growth Continues In November: CareEdge

Growth in health slows, while motor own damage pick-ups

NDTV Profit

NDTV Profit

Follow Us

DOWNLOAD THE APP

Non-Life Premiums Muted Growth Continues In November: CareEdge

Growth in health slows, while motor own damage pick-ups

Choose a plan

Follow Us

DOWNLOAD THE APP