• Continue to see pickup in saving business.
• Growth is there both in volume of policy and increase in ticket size.
• Market share remained increasing at 27% and is increasing gradually.
• Solvency Ration remained at 202%.
HDFC Life Concall was today at 5.15 pm
Here are the key highlights of the Conference call 😀👇
@dmuthuk @datta_arvind @Vivek_Investor @connectgurmeet @Prakashplutus
• Continue to see pickup in saving business.
• Growth is there both in volume of policy and increase in ticket size.
• Market share remained increasing at 27% and is increasing gradually.
• Solvency Ration remained at 202%.
• Company is continuously partnering with new channel partners.
• Risk Management has been constantly watched and remained on track.
New Scheme Launches: Company has yesterday launched new health plan with add on features.
• Tax is now no longer a reason for the people to buy insurance, as customer perspective towards Insurance is improving.
Saving
• Savings have been coming back to the growth target.
• People during the covid and post covid is continuing the saving plan.
• Sales has been balance in Unit Linked and Par Insurance.
• Sales of Insurance has now been shift to suitability rather than selling insurance to customer without their prior understanding.
• Hike in reinsurance will remain uncertain in future as well.
• Company is seeing muted growth but it depends on the risk the customers is facing.
• Reinsurance price hike may be there but its still
• 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.
• Now the ULIP segment is expected to be persistent over the next quarters.
• 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
• In short - term company will focusing more on protection piece but over mid to long term everything is fine
• Banca has been growth, while Agency was seen muted performance, but mgmt is not worried on this.
• However growth in Banca was due to base effect. Agency growth is past have been very high than that of Banca.
• Underwriting practice has strengthen over the past 8-9 months
• Mgmt expected qualitative book going forward
• With the experience goes on the reinsurance of term insurance there will be increase in the prices
• Many other companies have increase price of premium
• 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.
• 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.
• Company still stands on the midst of the pandemic. Hence there cannot be sudden price increase.
• The trend of the covid claims were high and company was also cautious with the claims.
• Customer fear for checking the diagnosis for the covid policy.
More from The Tycoon Mindset
Framework on Buyback covered till now.
This Mega Thread covers our entire thesis on this buyback special situation play, across different sectors & our experience with it.
{Thread of Threads}
🧵👇
Basic of Buyback
Just Dial buyback experience & Notable Learning
Past Case Studies with different learning:
1. TCS Buyback
2. Gandhi Special tubes
This Mega Thread covers our entire thesis on this buyback special situation play, across different sectors & our experience with it.
{Thread of Threads}
🧵👇
Basic of Buyback
BASICS OF Buyback:
— The Tycoon Mindset (@tycoonmindset05) August 31, 2021
This thread is important for every investor who invest in Equity Market
Topics Covered:
1. What is Buyback?
2. Why buyback is important for every investor?
3. How to invest & participate in Buyback?
4. What not to do to avoid Buyback failure?
\U0001f9f5\U0001f447 pic.twitter.com/zR4XPpfU74
Just Dial buyback experience & Notable Learning
Buyback experience:
— The Tycoon Mindset (@tycoonmindset05) September 22, 2020
JustDial buyback just ended. We made a return of ~47% in a quarter by following our Buyback Strategy & technical analysis@gauravgsgs @NeerajMarathe @Prashanth_Krish @mysticfuture @MysticWealth11 @suru27 @tapak7 @stockifi_Invest
Thread of Buyback Play\U0001f447\U0001f9f5
Past Case Studies with different learning:
1. TCS Buyback
Releasing our another piece of buyback analysis on TCS.
— The Tycoon Mindset (@tycoonmindset05) October 11, 2020
Summarizing our article for anyone who wants to have a quick look in our further thread.@shyamsek @SumitResearch @Prakashplutus @tapak7@SanaSecurities @Maaachaaa69 https://t.co/m83G9JZAtN
2. Gandhi Special tubes
Gandhi Special Tubes has come up with buyback at a price of Rs 550. Buyback is ~5% of the total capital.
— The Tycoon Mindset (@tycoonmindset05) July 7, 2021
With higher retail shareholder and promoter participation, Buyback is still lucrative.
Read here, about what's intriguing in this buyback play \U0001f447\U0001f600https://t.co/iKe25GTaYo
More from Business
So while America was forced into a high percentage of unemployment, billionaires in America made 406 billion from their “essential” businesses.
I wonder how much came from the
Funny, this transfer of wealth from the poor citizens to the rich billionaires aided by lockdowns and tyrannical governors wasnt just isolated to America. Australia billionaires seemed to amass much wealth during a time record number of businesses
I wonder how much came from the
Funny, this transfer of wealth from the poor citizens to the rich billionaires aided by lockdowns and tyrannical governors wasnt just isolated to America. Australia billionaires seemed to amass much wealth during a time record number of businesses
AUSTRALIA: Country's billionaires are over 50% richer than they were this time last year, according to data from Bloomberg Billionaires Index.
— The Spectator Index (@spectatorindex) December 30, 2020
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Krugman is, of course, right about this. BUT, note that universities can do a lot to revitalize declining and rural regions.
See this thing that @lymanstoneky wrote:
And see this thing that I wrote:
And see this book that @JamesFallows wrote:
And see this other thing that I wrote:
One thing I've been noticing about responses to today's column is that many people still don't get how strong the forces behind regional divergence are, and how hard to reverse 1/ https://t.co/Ft2aH1NcQt
— Paul Krugman (@paulkrugman) November 20, 2018
See this thing that @lymanstoneky wrote:
And see this thing that I wrote:
And see this book that @JamesFallows wrote:
And see this other thing that I wrote:
Recently, the @CNIL issued a decision regarding the GDPR compliance of an unknown French adtech company named "Vectaury". It may seem like small fry, but the decision has potential wide-ranging impacts for Google, the IAB framework, and today's adtech. It's thread time! 👇
It's all in French, but if you're up for it you can read:
• Their blog post (lacks the most interesting details): https://t.co/PHkDcOT1hy
• Their high-level legal decision: https://t.co/hwpiEvjodt
• The full notification: https://t.co/QQB7rfynha
I've read it so you needn't!
Vectaury was collecting geolocation data in order to create profiles (eg. people who often go to this or that type of shop) so as to power ad targeting. They operate through embedded SDKs and ad bidding, making them invisible to users.
The @CNIL notes that profiling based off of geolocation presents particular risks since it reveals people's movements and habits. As risky, the processing requires consent — this will be the heart of their assessment.
Interesting point: they justify the decision in part because of how many people COULD be targeted in this way (rather than how many have — though they note that too). Because it's on a phone, and many have phones, it is considered large-scale processing no matter what.
It's all in French, but if you're up for it you can read:
• Their blog post (lacks the most interesting details): https://t.co/PHkDcOT1hy
• Their high-level legal decision: https://t.co/hwpiEvjodt
• The full notification: https://t.co/QQB7rfynha
I've read it so you needn't!
Vectaury was collecting geolocation data in order to create profiles (eg. people who often go to this or that type of shop) so as to power ad targeting. They operate through embedded SDKs and ad bidding, making them invisible to users.
The @CNIL notes that profiling based off of geolocation presents particular risks since it reveals people's movements and habits. As risky, the processing requires consent — this will be the heart of their assessment.
Interesting point: they justify the decision in part because of how many people COULD be targeted in this way (rather than how many have — though they note that too). Because it's on a phone, and many have phones, it is considered large-scale processing no matter what.