There is a rush in India market among Insurance companies to go public.
First ICICI Prudential, and now followed by HDFC Life Standard Insurance, SBI Life Insurance and General Insurance.
For sure , other players must be planning too to get listed on Indian Exchanges for trading.
What's there in this rush for an investor?
Insurance market in India plans to take penetration level to 5 percent by 2020. The country's insurance market is expected to quadruple in size over the next 10 years from its current size of US$ 60 billion.
Sure this could be a great portfolio to create for a long term perspective. Since Indian markets are on a high, one can wait for small corrections and keep on adding to reap benefits in long term.
First ICICI Prudential, and now followed by HDFC Life Standard Insurance, SBI Life Insurance and General Insurance.
For sure , other players must be planning too to get listed on Indian Exchanges for trading.
What's there in this rush for an investor?
Insurance market in India plans to take penetration level to 5 percent by 2020. The country's insurance market is expected to quadruple in size over the next 10 years from its current size of US$ 60 billion.
Sure this could be a great portfolio to create for a long term perspective. Since Indian markets are on a high, one can wait for small corrections and keep on adding to reap benefits in long term.
No comments:
Post a Comment