Life Insurance sector has strong growth potential amid regulatory changes; HDFC Life, SBI Life top picks

Private insurers in India saw a significant increase in their weighted received premium (WRP) during August 2024, growing 15% year-on-year. This was notably higher than the overall industry growth of 10%. Combined with ongoing investments in distribution and new product development, this indicates a positive outlook for the private insurance sector in India. Private insurers in India saw a significant increase in their weighted received premium (WRP) during August 2024, growing 15% year-on-year. This was notably higher than the overall industry growth of 10%. Combined with ongoing investments in distribution and new product development, this indicates a positive outlook for the private insurance sector in India.  Economic Times