IRDAI hikes surrender values for non-linked products; here’s how insurance stocks react
Shares of LIC of India, SBI Life, HDFC Life, Max Financial Services gained up to 2% even after IRDAI raised surrender values.
Shares of LIC of India, SBI Life, HDFC Life, Max Financial Services gained up to 2% even after IRDAI raised surrender values.
A young population, increasing disposable incomes, growing financial awareness and robust regulatory support are contributing to the insurance industry’s growth.