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.
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.