Insurance has recently gained a lot of interest in the recent times given the uncertain times. Most insurance companies in the country are also benefiting due to this higher awareness.
Excluding LIC, which is the biggest insurance company in India but not yet listed, the following are the major players in the industry:
a. HDFC Life
b. ICICI General Insurance
c. ICICI Prudential Life Insurance
d. SBI Life Insurance
From the table below, it can be seen that ICICI general insurance and SBI Life are generally better in most parameters followed by HDFC Life.
Please note that the cells highlighted in yellow indicate out performers/ better value.
So the next time a friend says, its time to invest in insurance, you know which companies to invest in.
