Regulatory risk on life insurance surrender norms
Proposed IRDAI changes to surrender values could impact product profitability and persistency.
BAJAJFINSV / Q3-FY24 / risks
Keep the risk register visible.
Bajajfinsv · Material risks, their source context, and severity in the latest available quarter.
Research layer active
ConCallIQ research layer
Signal, with the source still visible.
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Risk intelligence
Material risks this quarter
medium
Intense competition in motor insurance
Motor insurance growth slowed to 5% due to competitive pricing and conservative underwriting stance.
Dependence on bank insurance partners
Banks may prioritize deposits over third-party products, pressuring bancassurance growth.
Natural catastrophe claims impact
Frequent Nat Cat events increased combined ratio to 102.9% in Q3; core profitability remains strong.