Go Digit General Insurance Limited CC-Jun24.pdf · 2024-07-26
Yeah, compliments on a good set of numbers. A few one -liners if you can give. If we look at our size versus the industry leader who has also reported numbers, these are roughly four times our growth rates are similar. So could the growth rate be higher? Improvement in car this time has come from expense ratio. So how sustainable this is? The improvement in expense ratio, Q and Q from 12.8% to 9.6%, how much of that is because of leverage and how much of that is because of managing costs better and therefore likely to sustain? And finally, you explained some bit of it in terms of our equity exposure, but yield on investment has fallen QoQ from the investment yield from 7.3% to 6.8%, if you can explain that. Thank you.
So basically, can we grow at a higher rate? Their GWP is four times ours.