Investor Presentaiton
Sensitivity analysis - FY22
Analysis based on key metrics
Scenario
Change in
Reference rate
Equity Market
movement
Change in VNB
Margin
1
% Change in EV
Increase by 1%
-1.4%
-2.0%
Decrease by 1%
0.8%
1.6%
Decrease by 10%
-0.1%
-1.4%
Increase by 10%
-0.6%
-0.6%
Persistency (Lapse rates)
Decrease by 10%
0.7%
0.6%
Increase by 10%
-0.5%
-0.8%
Maintenance expenses
Decrease by 10%
0.5%
0.8%
Acquisition
Expenses
Increase by 10%
-3.4%
ΝΑ
Decrease by 10%
3.4%
ΝΑ
Increase by 5%
-1.2%
-1.0%
Mortality/Morbidity
Tax rate²
Decrease by 5%
1.2%
1.0%
Increased to 25%
-4.8%
-9.1%
Actuarial
Financial
ESG
45
1. Post overrun total VNB for Individual and Group business
2. The tax rate is assumed to increase from 14.56% to 25% and hence all the currently taxed profits in policyholder/shareholder segments are taxed at a higher rate. It does not
allow for the benefit of policyholder surplus being tax-exempt as was envisaged in the DTC Bill.
HDFC
LifeView entire presentation