For many reasons, it is good that life insurance firms are opting for initial public offerings (IPOs). Big IPOs lead to market depth—crucial now for India because household money is finally coming to equities through institutions. It is also good for those tracking this industry because listings will encourage more public scrutiny of insurance firms through analysts covering the sector, through institutional investors such as mutual funds and pension funds, and products from this industry itself such as the unit-linked insurance plans (Ulips). It will be interesting to see which equity Ulips buy into what life insurance company stocks. Then there is the public debate that takes place around an IPO and its merits.
Expense AccountInvestmentsPersonal FinanceSeptember 20, 2016by Monika Halan1Good that life insurance firms go IPO
Life insurance IPOs are here. Good for the market as big issues add depth. Good for third party scrutiny on the stock market of insurance firms.
One comment
Karthik
September 21, 2016 at 4:59 am
Dear Madam,
Could you share your FRA email Id to address? thanks.