Stockrabit · Analysts
Questions across 2 calls

Sanketh Godha

Avendus Park

SBI Life Insurance Company Limited

SBI Life Insurance Company Limited CC-Sep24.pdf · 2024-10-23
Sir, again, sorry to ask the question on bank. But just the growth for half is 7% from the bank channel. Do you expect the growth from State Bank of India to be in teens, at least in the current year, given the current growth trajectory? And probably we’ll have a little favorable base in fourth quarter. So, just wanted to understand how you are looking from a full year perspective, the growth to play out. And accordingly, you can also give us a guidance how agency will do going ahead , because that number is pretty strong, 36 percentage. So, how do you expect this number to play out in numbers? And the second thing is basically, they just wanted to check whether in non-PAR products have you made any IRR change to just accommodate higher surrender value? You said that you did not change any in commissions, but any IRR meaningful change you have made just to accommodate surrender low limited impact on the non-PAR business?
On the Banca?

Life Insurance Corporation Of India

Life Insurance Corporation Of India CC-Dec23.pdf · 2024-02-09
Sir, if I see your non-par margin in 1H was around 50 percentage, now it is closer to 64 percentage. So I believe it is largely because of Utsav. So what nature -- the whole life nature of Utsav makes it better margin? And if you keep on introducing whole life products in non-par or longer tenured plants in non-par, do you expect the 64% margin to hold up going ahead or not? That's my first question.
Got it. But the margin expansion, what you are seeing from 1:9 months is largely attributed to Utsav and then the nature of the product. That's a fair understanding, right, sir?