Insurance Sector in India: Stock Analysis

The life insurance industry has a huge scope, and we have not even touched 5% of that scope, according to BC Patnaik, a member (life) at the Insurance Regulatory and Development Authority.

Most insurers are confident of more than double-digit growth, he said on the sidelines of the National Insurance Academy annual event held on Oct. 3.

Two decades of insurance reforms, which progressively enhanced the policy and regulatory environment and ushered in independent regulation, private participation and foreign capital, have created a sound insurance sector in India. 

Below is the strong chart of companies in insurance sector.

HDFCLife: This price chart we already discussed in blog.

SBILife:

ICICIGI:

GICRE:

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