Why This $50 Billion Sector Of The Indian Stock Market May Be Set Up For Sustained Outperformance
SummaryIndia has a young and growing population, which means that the addressable market for life insurance will continue increasing for decades to come.Q2 2021 hedge fund letters, conferences and more Currently, only 1% of the protection needs of Indians are being covered by life insurance but that may change as the Covid pandemic has created increased awareness for protection.India has four life insurance companies available for public market investors (HDFC Life, SBI Life, ICICI Prudential Life and Max Financial Services). These companies don’t have ADRs but can be accessed through funds th...