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Growth momentum of private life insurers slows down in November

Wednesday, December 19, 2018, 7:21 PM

Individual APE, a measure used to calculate sales by insurance-companies, of private-life-insurers was down 1% in November compared to same period last-year, according to-a-report titled Insurance: Facing the Heat by Kotak Institutional Equities. However, past three-months recorded a 17-19% growth in sector. Across the year, growth rate moderated between April and July but picked pace in later months. November, however, reported softer individual APE.
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Private Sector Insurance Players Report Soft Growth In May: Report

Wednesday, June 13, 2018, 6:36 PM

Private insurance players reported soft growth in premiums in May- individual APE or Annual Premium Equivalent rose 12 percent with private players growing merely 4 percent on a year-on-year (largely base effect) basis, according to a report. APE is a measure for comparing life insurance revenue by normalising policy premiums into the equivalent of regular annual payments.

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