15%+ ROE target maintained
Management reiterated medium-to-long-term ROE target of 15%+, to be achieved through combined ratio improvement and float income management.
CHOLAMANDALAMFINANCIALHO / guidance tracker
Keep management guidance in view.
Cholamandalam Financial Holdings · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
growth
Motor OD pricing improvement of 7-8%
Implemented pricing correction in motor OD over last 2-3 months, expected to reduce loss ratios over next 6 months.
Crop insurance participation in next tender cycle
Company will participate in upcoming crop insurance tender across states, aiming to regain lost business.