Private sector life insurers expected to see decline in margins for Q4FY25 due to new surrender value norms

According to estimates by analysts at broking companies, HDFC Life Insurance, ICICI Prudential Life Insurance and SBI Life Insurance are likely to post de-growth in their VNB (value of new business) margins for Q4FY25 compared to Q4FY24.

Private sector life insurers expected to see decline in margins for Q4FY25 due to new surrender value norms
According to estimates by analysts at broking companies, HDFC Life Insurance, ICICI Prudential Life Insurance and SBI Life Insurance are likely to post de-growth in their VNB (value of new business) margins for Q4FY25 compared to Q4FY24.

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