BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Open|| Long (1Y)
Choice Broking Recommends Buy On SBI Life Insurance
Over 2018 to 2021 the share of protection in new business premiums has increased from 5.5% to 11.3%, consequently the margin of the company has also risen from 16.2% to 19.4% in the same period. This represents the active effort from SBI life to focus on higher margin products over ULIPs which contribute to premiums but not as much to margins. We believe the share of protection products will continue to rise and lead to further growth in margins over time," Choice Broking said in a report.