Combined ratio target of ~99% by FY29
Management expects combined ratio to improve to ~99% by FY29, driven by expense ratio savings of 200-250 bps.
NIVABUPAHEALTHINSURANCE / guidance tracker
Keep management guidance in view.
Niva Bupa Health · forward-looking guidance across the available source record.
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Guidance tracker
What management said would happen.
margins
Retail health industry growth of 17-19% CAGR over 5 years
Management reiterated view that retail health industry will grow at 17-19% CAGR over a 5-year horizon.
Loss ratio may inch up by ~150 bps
Management guided that loss ratio may increase by about 150 bps over time, offset by expense ratio improvements.