Aditya Birla Nuvo Limited - Aditya Birla Nuvo, Ltd
Aditya Birla Nuvo Limited - Aditya Birla Nuvo, Ltd
Aditya Birla Nuvo Limited - Aditya Birla Nuvo, Ltd
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Created Value of New Business<br />
FY 2009-10<br />
` Crore<br />
Embedded Value 3,816<br />
Insurance Business Value 3,430<br />
Adjusted Net Worth 386<br />
Value of New Business 506<br />
Implied VNB margins of<br />
22.5%* in FY10<br />
(20.3%* in FY09)<br />
* VNB as a % of first year regular premium and 10% of single premium as reported to IRDA<br />
Note : Pl. refer to the basis of preparation and assumptions in annexure at slide no. 50<br />
32<br />
32
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