Bajajfinsv · Analyst questions, management answers, and the quality of the response where the ledger is available.
ConCallIQ research layer
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Questions audited
12
Answered directly
46%
Numeric claims
3
Consistency
contradicted
Question ledger
Mahek · Emkay Global
partialIf you look at some aberrations which are there in the quarter, essentially come because there is a lag between reported claims and when the IBNR gets adjusted by the actuary. But if you look at it on a nine-month basis, our actual loss ratios are lower than what it was in nine months last year. It's actually down from 79.5% to 77%.
Mahek · Emkay Global
evasiveWe welcome the regulations on that basis because if you look at the principle of insurance, it is to take care of societal need. ... It's a very balanced circular, which is very customer-focused in perspective of the senior citizens.
Mahek · Emkay Global
directWe've gone ahead and relooked at the entire product mix. We looked at the entire product structures that we have. So it's not just about the mix. It's about the structure for each product that we had. And we've gone ahead and changed practically all our products, including ULIP, PAR, and non-PAR.
Madhukar Ladha · Nuvama Wealth Management Limited
evasiveI'm not going to give any clear numbers because, as Srini made it clear, we do not make any forward-looking statements. ... December, we are back to a slight mild growth. January also, we are broadly in sync with a cohort of companies that we compare ourselves with.
Madhukar Ladha · Nuvama Wealth Management Limited
partialThe regulators do not stipulate how you pay commissions. It stipulates that you should be under the EOM, not that it controls how you pay commissions. And your company, I think Bajaj Allianz Company, the EOM is well below 30.
Nischint Chawathe · Kotak Institutional Equities
evasiveI will not get onto which digit, single, double. I don't think we're used to single-digit kind of growth, so don't worry about that. We've always maintained the stand that we'll be going far faster than the rest of the industry.
Nischint Chawathe · Kotak Institutional Equities
evasiveIf you look at what we've in Q3, in fact, our entire margin has gone up slightly. Slight, but yes, it's there, and particularly, we're seeing it in December. Hence, the impact we've now after discussions with all our bank partners, agents, deferral of commission, bringing commissions down in most cases, we've been able to get to a situation where this should be largely neutralized.
Nischint Chawathe · Kotak Institutional Equities
directWhat we've tried to do is we've matched the outgo of commission with the inflow of commission. So because we were paying commissions upfront in most of the cases, our income also in terms of commission inflow is being received upfront so that there's a complete matching happening.
Shubhranshu Mishra · PhillipCapital
directWe have around 180,000 transacting users coming every month on app and around 450,000 transacting users coming on our web assets. ... Last quarter, we have done around 22 lakh transactions.
Nidhesh Jain · Investec Capital Services
partialHealth does have a lower VNB margin than traditional clients, hence we are reducing focus on health. ... The cost absorption capability of ULIP is far lower. And hence, it does take time to be able to pay itself out in lean months.
Nidhesh Jain · Investec Capital Services
evasiveBajaj issued close to INR 3.6 crores policies. ... In terms of the number of policies issued, Bajaj was the highest in the Indian market. ... It's balancing of all three to not only just pushing your weight and acquiring rapid in terms of position.
Sanketh Godha · Avendus Spark
directOne of the best ways ... is to look at the pay-to-ultimate. ... Roughly, when we checked last time in terms of seven years, our ratios were compared to the market significantly below. ... Net-net, if you see the cumulative reserves with the revised ultimate losses, you would still find that there is a surplus for us across most of the vintages.
