Finance
DeluluLife Insurers Struggle with ITC Drama, General Insurers Thrive
Alright, folks! Life insurers are about to get wrecked in Q3 FY26 thanks to that ITC mess. Meanwhile, general insurers are cashing in on investment gains like it's Black Friday. Analysts are shouting about VNB margins for life insurers being under pressure, but Axis Max Life is out here thriving. LIC is set for APE growth, while general insurers brace for a claims bump but are still cruising in the motor segment. Buckle up!
few days ago | Aathira Varier
Quick rundown
1.GST changes impact life insurers' profits due to ITC loss.
2.Healthy investment income supports general insurers' profitability.
3.VNB margins under pressure but cushioned by product mix shifts.
4.LIC expected to see strong APE growth driven by group segment.
5.General insurers see growth in motor insurance post-GST changes.
