LIFE INSURANCE AUGUST BIZ DATA

Strong Industry Growth Led By LIC, Private Growth Slows To Mid-single Digit

▪️HDFC LIFE INSURANCE
Slow Growth On Strong Base

Aug Prem +4% (Aug 2023 +25%)
5MFY25 Prem +12%
August Total APE +8% (Aug 2023 +15%)
August Retail APE +10% (Aug 2023 +16%)

▪️ICICI PRU LIFE INSURANCE
Moderate Growth Over Weak Base

Aug Prem +12% (Aug 2023 -5%)
5MFY25 Prem +17%
August Total APE +21% (Aug 2023 -16%)
August Retail APE +29% (Aug 2023 +12%)

▪️MAX LIFE INSURANCE
Strong Growth Over Strong Base

Aug Prem +17% (Aug 2023 +36%)
5MFY25 Prem +16%
August Total APE +17% (Aug 2023 +51%)
August Retail APE +20% (Aug 2023 +49%)

▪️SBI LIFE INSURANCE
Weak Growth Over Strong Base

Aug Prem -13% (Aug 2023 +16%)
5MFY25 Prem -5%
August Total APE -2% (Aug 2023 +32%)
August Retail APE +4% (Aug 2023 +34%)

▪️LIC
Moderate Growth Over Weak Base

Aug Prem +22% (Aug 2023 +1%)
5MFY25 Prem +28%
August Total APE +13% (Aug 2023 -11%)
August Retail APE +1% (Aug 2023 +3%)

? The 12 charges brought against Pavel Durov, CEO of Telegram: upto 20 years jail , if convicted

The government is investigating Telegram over concerns of criminal activities such as extortion and gambling, a govt official has told Moneycontrol, adding the messaging app could be banned depending on probe.

Surprising data from NSE. retail was net seller on 3rd (Monday) when the market zoomed and FIIs bought heavily. On the 4th when market crashed, retail actually was net buyer of Rs 21,000 cr as both FIIs and Mutual funds sold.

Now Retailers are NEW operators ?in Stock Market