Friday frenzy! PSU insurers LIC, GIC, New India Assurance rally up to 20%
Shares of GIC of India and New India Assurance touched their respective 52-week highs, while LIC shares notched the largest intraday gain since listing
Shares of GIC of India and New India Assurance touched their respective 52-week highs, while LIC shares notched the largest intraday gain since listing
The life insurance industry is likely to post a 200-300% increase in claims this year, hurting the profitability of most insurers.