New Delhi, Oct. 10 -- Life insurance companies in India are likely to register a 10 to 20 per cent year-on-year growth in value of new business (VNB) during the second quarter of FY27, even as broader discussions focus heavily on proposed regulatory guidelines rather than quarterly operational prints, according to a research report by Kotak Institutional Equities.

The brokerage noted that private life insurers under its coverage show steady underwriting performance, driven largely by solid expansion in protection plans despite moderate annualised premium equivalent (APE) growth.

"We expect 2QFY27 earnings call discussion and stock price performance to be centered around the impact of the proposed distribution norms and EoM guidelines, w...