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DHFL Pramerica is one of the fastest growing life insurance companies in India with over 6 million customers. It has 78 branches across the country and over ₹1947 crore in assets under management. Google Trends data shows an increasing interest in DHFL Pramerica over time, peaking in 2010 and 2015, likely due to rising consumer purchasing power and greater awareness of the benefits of life insurance. Seasonality analysis found that DHFL Pramerica sees higher trends in January-February and smaller peaks in July and December, potentially because of tax benefits during those times.
DHFL Pramerica is one of the fastest growing life insurance companies in India with over 6 million customers. It has 78 branches across the country and over ₹1947 crore in assets under management. Google Trends data shows an increasing interest in DHFL Pramerica over time, peaking in 2010 and 2015, likely due to rising consumer purchasing power and greater awareness of the benefits of life insurance. Seasonality analysis found that DHFL Pramerica sees higher trends in January-February and smaller peaks in July and December, potentially because of tax benefits during those times.
DHFL Pramerica is one of the fastest growing life insurance companies in India with over 6 million customers. It has 78 branches across the country and over ₹1947 crore in assets under management. Google Trends data shows an increasing interest in DHFL Pramerica over time, peaking in 2010 and 2015, likely due to rising consumer purchasing power and greater awareness of the benefits of life insurance. Seasonality analysis found that DHFL Pramerica sees higher trends in January-February and smaller peaks in July and December, potentially because of tax benefits during those times.
DHFL Pramerica Life Insurance Company Limited is one of the fastest growing life insurance companies in India headquartered in Gurgaon, India It has 78 branches across the country, employs more than 3000 employees and has assets over 1947 crore under its management Customer base of over 6 million Launched schemes such as Prahri and Shiksha Uday
GOOGLE TRENDS
Google Trends shows an
increasing trend with peaks at 2010 and 2015 Increasing trend as purchasing power of the consumer is rising and thus they are taking more life insurance Another reason being the growing awareness and benefits
SEASONALITY
Through the seasonality plot we
can see that the trend is high during January and February with small peaks during July and December Reason: Tax Benefits
Conversion of Seasonal data to Unseasonal
(for Forecasting purposes)
FORECAST Using the unseasonal data, Normal probability graph is plotted and Trend Analysis is done