Best Insurance Company Stocks to Buy now in India 2022

2017 was technically the birth of major life insurance private players in the eyes of investors with a frenzy of IPOs hitting D-Street

Recently, the Parliament approved a bill to increase Foreign Direct Investment (FDI) limit in the insurance sector from 49% to 74% with the Lok Sabha.

Piloting the Bill, Finance Minister Nirmala Sitharaman said hiking the FDI limit in the insurance sector will help insurers raise additional funds and tide over the financial problems.

The FDI limit in the insurance sector was increased significantly after the government decided to raise the cap from 26% to 49% in the year 2015

As much as Rs. 26,000 Crs has come as FDI in the sector since 2015 and the asset under management in this sector has grown by 76% during the last five years.

Best Insurance Stocks to Buy now in India

1.HDFC Life Insurance

2.SBI Life Insurance

3.ICICI Prudential Life Insurance

4.Max Financial Services

5.New India Assurance

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