Insurance stocks jump up to 5% after companies likely to hike premium rates
India’s insurance sector, valued at $131 billion in 2023, is experiencing rapid growth driven by rising awareness and income levels. The sector, comprising 58 insurers (24 life and 34 non-life), is expected to achieve a CAGR of 12-15% through 2025, reflecting increased penetration and demand. Health insurance premiums have likely been increased by approximately 15-18 … Continue reading Insurance stocks jump up to 5% after companies likely to hike premium rates
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