Bajajfinsv · Analyst questions, management answers, and the quality of the response where the ledger is available.
ConCallIQ research layer
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Questions audited
10
Answered directly
40%
Numeric claims
0
Consistency
—
Question ledger
Swarna Mukherjee · B&K Securities
partialIf you look at our company, I think competition has always been there... we don't have in the dimensions business, there's nothing called winner takes it all... our feeling is not for the past, what, three-four years, as we know, price hike at all.
Swarna Mukherjee · B&K Securities
evasiveThe endeavor for our company is to always maintain a combined ratio close to 100, is what I've always mentioned over time. That is what it remains... Now, will it be below 100? Will it be over 100? I think that as the business and things progress, that will always be close to 100.
Supratim Datta · Ambit Capital
directThe product mix, of course, with term coming in, gets to be a very useful piece from a profitability perspective. 30% of our customers in agency now are added through term. We have changed product structures significantly, as in, and I'd like to underline, significantly. Whether it's the ULIPs, ULIPs or non-par plans as well.
Supratim Datta · Ambit Capital
evasiveTo give you a precise answer in terms of what in TP that we would be doing, that I do not think that on a call I would be talking about. Yes, what you have observed is that you have seen our motor TP market share move up. At the same time, as I mentioned to you, you will see our crop market share over time come down for this.
Nischint Chawathe · Kotak
partialWe moved up our average premium for the face-to-face channels. It is very different from online channels at approximately INR 30,000-INR 35,000, depending upon which channel is selling it. In terms of which channels are selling, I would say it is agency and institutional business.
Nischint Chawathe · Kotak
declinedNo, we do not do that. I think this question I have answered many times, that I do not get into micro loss ratio declaration because that will give us business strategies and listing.
Sanketh Godha · Avendus Spark
evasiveI cannot give a forward-looking statement, as you're aware, Sanketh... I think you should expect term to largely remain in this ballpark and not go up any further.
Sanketh Godha · Avendus Spark
partialWe are not somebody who, in desperation, would do business just for the sake of pushing up a top line... I cannot give an exact answer in terms of how much tender business we shall be getting... On capital gains, we have booked a capital gain around INR 450 crore coming from both debt and equity.
Shobhit Sharma · HDFC Securities
partialOn the acquisition cost movement, when you acquire a business which is comfortable and profitable, there would be a strain on acquisition cost... On TP, I think you should look at TP loss issues in a year-long period, not on a quarterly basis.
Shobhit Sharma · HDFC Securities
directOn the cost side, the action actually has been a 360-degree action... There has been reduction in variable and R&R spends... There has been reduction in fixed costs... Your next question was on the latter cohorts. Yes, there are a few experiments we run...
