The health insurance sector in India faced potential challenges due to rising claims and heightened competition, particularly in retail. Conversely, motor insurance showed a positive outlook with an estimated 14% CAGR from FY24 to FY27. The Indian non-life insurance market remained underpenetrated, offering substantial growth opportunities as gross premiums grew at a 12% CAGR over the past five years.
Related Posts
JPMorgan abandons its recommendation to buy China stocks
JPMorgan Chase & Co has shifted its stance on Chinese stocks from overweight to neutral, driven by concerns over potential US election volatility and China’s […]
Foreign investors dump $3.42 billion worth ‘expensive Indian stocks’; opt for IPOs instead
Foreign investors sold $3.42 billion in Indian stocks in the secondary market this month, opting for IPOs with $1.47 billion in purchases. They find IPOs […]
Input tax credit removal set to hit commercial realty companies
- staff
- February 3, 2025
- 0
Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real estate companies. This amendment overturns a Supreme Court […]