Investor Presentaiton
Protection opportunity: Sum assured as a % of GDP
A
Sum Assured (SA) as a % of GDP:
Assuming SA growth @ 20% CAGR
Sum Assured as a % of GDP1,2
85%
23%
GDP CAGR
@10%
33%
GDP CAGR
@10%
50%
GDP CAGR
@8%
332%
252% 251%
B
FY2021
FY2025
FY2030
FY2035
B
23%
Sum Assured (SA) as a % of GDP:
Assuming SA growth @ 25% CAGR
155%
GDP CAGR
GDP CAGR
@10%
40%
GDP CAGR
@10%
75% @8%
FY2021
FY2025
ICICI PRUDENTIAL
LIFE INSURANCE
FY2030
India: FY2035
A
155% 153% 143%
127%
85%
23%
Singapore
Japan
USA
India (25% CAGR)*
Malaysia
Thailand
South Korea
India (20% CAGR)*
1.
FY2035
* For retail protection sum assured (company estimates)
As of FY2021 for India (GDP Source: National Statistics Office, protection sum assured source:
company estimates)
2.
As of FY2020 (for USA & Japan as of FY2018) Source: McKinsey estimates
51
India*View entire presentation