β’ Continue to see pickup in saving business.
β’ Growth is there both in volume of policy and increase in ticket size.
β’ Market share remained increasing at 27% and is increasing gradually.
β’ Solvency Ration remained at 202%.
HDFC Life Concall was today at 5.15 pm
Here are the key highlights of the Conference call ππ
@dmuthuk @datta_arvind @Vivek_Investor @connectgurmeet @Prakashplutus
β’ Continue to see pickup in saving business.
β’ Growth is there both in volume of policy and increase in ticket size.
β’ Market share remained increasing at 27% and is increasing gradually.
β’ Solvency Ration remained at 202%.
β’ Company is continuously partnering with new channel partners.
β’ Risk Management has been constantly watched and remained on track.
New Scheme Launches: Company has yesterday launched new health plan with add on features.
β’ Tax is now no longer a reason for the people to buy insurance, as customer perspective towards Insurance is improving.
Saving
β’ Savings have been coming back to the growth target.
β’ People during the covid and post covid is continuing the saving plan.
β’ Sales has been balance in Unit Linked and Par Insurance.
β’ Sales of Insurance has now been shift to suitability rather than selling insurance to customer without their prior understanding.
β’ Hike in reinsurance will remain uncertain in future as well.
β’ Company is seeing muted growth but it depends on the risk the customers is facing.
β’ Reinsurance price hike may be there but its still
β’ There has been stress in the persistence in ULIP, but now strengthening has been made in the ULIP and company doesn't thing any more strengthening need in ULIP.
β’ Now the ULIP segment is expected to be persistent over the next quarters.
β’ Protection process has now remain the same. There was some need of protection in month of September-October, but now there doesn't seems to be higher need
β’ In short - term company will focusing more on protection piece but over mid to long term everything is fine
β’ Banca has been growth, while Agency was seen muted performance, but mgmt is not worried on this.
β’ However growth in Banca was due to base effect. Agency growth is past have been very high than that of Banca.
β’ Underwriting practice has strengthen over the past 8-9 months
β’ Mgmt expected qualitative book going forward
β’ With the experience goes on the reinsurance of term insurance there will be increase in the prices
β’ Many other companies have increase price of premium
β’ Recent measures in indemnity space has made a bit confusion for the customer to go through the different product of the same company, which has same been asked to the IRDA. But company has not received answer till now.
β’ New launch of health product is expected to grow well and is even good for the customers. Mgmt do believe that this new policy will do be a good growth and will rocking in the segment.
β’ Company still stands on the midst of the pandemic. Hence there cannot be sudden price increase.
β’ The trend of the covid claims were high and company was also cautious with the claims.
β’ Customer fear for checking the diagnosis for the covid policy.
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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
Master Thread of all my threads!
Hello!! π
β’ I have curated some of the best tweets from the best traders we know of.
β’ Making one master thread and will keep posting all my threads under this.
β’ Go through this for super learning/value totally free of cost! π
1. 7 FREE OPTION TRADING COURSES FOR
2. THE ABSOLUTE BEST 15 SCANNERS EXPERTS ARE USING
Got these scanners from the following accounts:
1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX
3. 12 TRADING SETUPS which experts are using.
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4.
4. Curated tweets on HOW TO SELL STRADDLES.
Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on
Hello!! π
β’ I have curated some of the best tweets from the best traders we know of.
β’ Making one master thread and will keep posting all my threads under this.
β’ Go through this for super learning/value totally free of cost! π
1. 7 FREE OPTION TRADING COURSES FOR
A THREAD:
— Aditya Todmal (@AdityaTodmal) November 28, 2020
7 FREE OPTION TRADING COURSES FOR BEGINNERS.
Been getting lot of dm's from people telling me they want to learn option trading and need some recommendations.
Here I'm listing the resources every beginner should go through to shorten their learning curve.
(1/10)
2. THE ABSOLUTE BEST 15 SCANNERS EXPERTS ARE USING
Got these scanners from the following accounts:
1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX
The absolute best 15 scanners which experts are using.
— Aditya Todmal (@AdityaTodmal) January 29, 2021
Got these scanners from the following accounts:
1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX
Share for the benefit of everyone.
3. 12 TRADING SETUPS which experts are using.
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4.
12 TRADING SETUPS which experts are using.
— Aditya Todmal (@AdityaTodmal) February 7, 2021
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
4. Curated tweets on HOW TO SELL STRADDLES.
Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on
Curated tweets on How to Sell Straddles
— Aditya Todmal (@AdityaTodmal) February 21, 2021
Everything covered in this thread.
1. Management
2. How to initiate
3. When to exit straddles
4. Examples
5. Videos on Straddles
Share if you find this knowledgeable for the benefit of others.
