Questions across 5 calls

Neeraj Toshniwal

UBS India

SBI Life Insurance Company Limited

SBI Life Insurance Company Limited CC-Mar24.pdf · 2024-04-26

Hi, sir. Congrats on good set. Wanted to understand again on the product level margin, are we seeing improvement in any of the product margin because even we are ULIP heavy, so we have managed to deliver a decent s et and would this mean that this will become base margin going ahead, you can see further improvement with the mix improving in FY '25?

So another two products which you talked about which you have launched in this quarter, which means April running quarterly are basically focusing on the pure protection plan rather than ROP if I get it correct?

SBI Life Insurance Company Limited CC-Dec23.pdf · 2024-01-25

Hi, sir. Just wanted to understand in terms of product mix, we obviously have moved much higher in the ULIP, but our margins have actually kind of quite sustained and you're saying the margins ha ve been quite similar. So, there's some disconnect, I just wanted to understand how the margin movement have supported the outcome what we are seeing currently?

So, there have been some enhancements in terms of the product level margins, which I think in the recent comments got missed out probably, is my understanding correct?

HDFC Life Insurance Company Limited

HDFC Life Insurance Company Limited CC-Dec23.pdf · 2024-01-12

So, wanted to check on whether we are still going to maintain margin neutrality, given you just mentioned that probably we will deliver double digit kind of growth in Q4 under the APEs, but that will be a little tall task on the margin side. Just wanted to check are you still maintaining that?

And given this year obviously had lot of volatility in terms of the base effect and the changes in budget regulations. How do we think about the next year and the wallet share from HDFC Bank which it still looks a little muted if it back as delay ed because like the bank has more focus on the deposits and all? So, how do we see bank growth per say on the limited wallet share?

Star Health and Allied Insurance Company Limited

Star Health and Allied Insurance Company Limited CC-Sep23.pdf · 2023-10-31

One question, how many customers in FHO would have shifted to other policies from FHO at the time of renewal?

No, I understand that would have impacted your average ticket size to some extent.

ICICI Prudential Life Insurance Company Limited

ICICI Prudential Life Insurance Company Limited CC-Sep23.pdf · 2023-10-17

Wanted to understand that this quarter looks li ke ULIP heavy for everyone. So, what are the early trends you are picking up for the Q3 and going ahead, what we can expect? And are we okay to increase the ULIP share again back to a certain level? We do have certain mix in mind that we need to kind of maintain to have a positive VNB by the end of the year?

On that only, what are the trends you are picking up in other segments apart from UL IP? Can we see because one of you called out that non -PAR savings is possibly return back or might see a uptake from now? Are you also in a similar camp or it's too early to call out?