Questions across 83 calls

Sanketh Godha

Avendus Spark

ICICI Prudential Life Insurance Company Limited

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

Just one on th e margin. If I want to draw a waterfall, the margin compression, how much you would attribute to product mix change and to the cost ratio? Whether the real problem is cost which has dragged the margins or is more the product mix? That's my first question.

And second on cost, just wanted to understand, EOM was expected to move the cost line items between commissions and advertisement, but it was expected to remain on the similar lines, but still our OPEX rat io has moved up, but just wanted to understand that EOM is structurally increasing the commission cost and other expenses are not going to cut and therefore, going ahead, we are going to see an elevated cost ratios which could have an impact on the margins?

HDFC Life Insurance Company Limited

HDFC Life Insurance Company Limited CC-Sep23.pdf · 2023-10-13

Thank you for the opportunity. Vibha, the simple question I have is that given our HDFC Bank market share has gone up to 70 %, and if I do a back calculation assuming 55% market share , what you had last year, I see banca as a channel..

Yes, sorry, I mean to say exit is at 70%. It is 62.5% for H 1. So, if I do a simple math, what I conclude is that HDFC Bank as a channel for all insurance companies put together, th e growth has been less than 10%. It's rough math, but HDFC Bank’s challenge to mobilize more deposits, is having some kind of an impact on their ability to grow third -party products, including insurance?

ICICI Lombard General Insurance Company Limited

ICICI Lombard General Insurance Company Limited CC-Sep23.pdf · 2023-09-30

My first question is that whether you want to prepone your guidance of 102.5 % to be achieved? Because, ex cluding CAT losses if I see, you are almost there; what we had thought we will achieve it by exit of FY 2025. Sir, I just wanted to understand whether given the underwriting environment, you believe that could happen a little quicker than expected. That's point number one. And second, within this 102.5 % odd, combined ratio improvement, some weightage was expected to come from the OPEX part. But despite EOM, our OPEX compared to last year still has been higher and in H1 FY2024 it is higher. I just wanted to understand that EOM is overall dragging the OPEX higher or increasing the OPEX on the higher side or you believe sanity will come and expense ratios will improve for the sector as well.

Just one question which is on data keeping critical loss ratio of retail health and group health that if you can share. And second, I just wanted to understand this IL TakeCare app 6.0% of GWP is a big achieve ment. How do you see this could be contributing? And if you can give a color how much is the mix driven by Motor and Health in IL TakeCare app.