Kamlesh Rao

Our guidance continues to grow the individual FYP at a CAGR of 20% plus for the next three years. While achieving this growth, we intend maintaining our current VNB margins in the 18%-20% range.

Our guidance continues to grow individual FYP at a CAGR of 20%+ for the next three years. While achieving this growth, we intend expanding our current VNB margins of +18%, and in absolute numbers, double the value of our net VNB in three years' time.

Our guidance is to grow the individual FIP at a figure of 20% plus. While achieving this, we intend expanding our current VNB margins of 18% plus and, in absolute numbers, double the value of our net VNB in the next three years' time frame.

We maintain our guidance to expand net VNB margins through this year to achieve an 18%+ for the year.

Our endeavor is to close FY25 with the VNB margin of about 17%-18%.

We have a plan to get in place our projected net margins for the year. Focus on H2 will be on moderating ULIP and higher productivity on investments than in H1.

We continue to maintain our guidance on the net VNB margins for the end of the year to be in the range of 18%-20%.

Our endeavor is to grow the business at a CAGR of more than 20%, helping us to close to doubling our size from where we are present today over the next three years.

We maintain our guidance of growth for the full year projections for this business of 24. We expect to deliver 23%+ net VNB margin in financial year 2024.

Our forward guidance is that the quality of our book will get better across the 13 to the 61st month persistency from current levels.