3 life and 2 other insurance majors with potential upside of up to 45%

3 life and 2 other insurance majors with potential upside of up to 45%
iStock

Synopsis

Insurance is one industry that got hit very badly and led to a situation where literally every company has to raise funds to meet regulatory requirements. But at the same time, awareness about the need to have insurance on which companies had been spending tons of money was created without them spending even a penny. So, while there was a short-term problem, a bigger issue of awareness got resolved. But then came changes in tax laws, which was another big blow. Given the fact that the overall size of the markets, this will also get resolved. So is the current phase of consolidation and not-so-good news is an opportunity?

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

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