
LIfe insurance business is growing at speed of more than 20% as per recenet news from LIC and other companies. Total premium collected for LI has increased . There is definitely a huge opportunity in insurance business including health and auto. ICICI , HDFC are some premium ones along with Bajaj and some other smaller players in insurance. As far stocks are concerned there are no publicly traded stocks in insurance or I should say there is no listed pure insurance company in the market yet but strong rumours about ICICI insurance could get first one to get listed on bourses.
I think ICICI is a good bet for long termers looking into a finance or insurance exposure. HDFC has good potential as well but it has not been as aggressive.
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