Some assurance in insurance; 3 life & 2 other insurance majors with potential upside of up to 33%
Synopsis
When it comes to the insurance sector, a number of times, the name of both life and non- life and health insurance companies is taken in the same breadth. While they all belong to the insurance sector, there is a world of difference between macro and micro factors which impact the bottomline of a life, non life and health insurance player. Painting them with the same brush is not good for a portfolio. We take a look at players from all the segments of the industry.
After the announcement of changes in tax law early this year, all insurance stocks were hit badly. Yes there is a clear case of the life insurance companies coming under pressure but the trouble is that just because the word insurance is present in non-life insurance companies stocks were also hammered. Though some of them have made a comeback in the current phase of the across the board rally which stock markets have witnessed in the last few
ET
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Get Unlimited Access to The Economic Times
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal AdsComment & Engage with ET Prime community Exclusive invites to Virtual Events with Industry Leaders A trusted team of Journalists & Analysts who can best filter signal from noise Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-