Your Investment Options In The Life-Insurance Space
Wealth Insight|April 2022
As the LIC IPO approaches, here's how the three listed life insurers compare with each other
Your Investment Options In The Life-Insurance Space

SBI Life

Established in 2000 as a joint venture between SBI and BNP Paribas Cardiff S.A., SBI Life is one of the largest life insurance companies in India with a market share of 8 per cent as of FY21, just behind the insurance giant LIC. It has the second largest AUM, which stands at ₹2.6 lakh crore as of December 2021. It is also the second largest in terms of profits as of FY21. SBI holds a 55.5 per cent stake in the company

ICICI Prudential Life

ICICI Prudential Life was incorporated by ICICI Bank (holds 51.3 per cent stake) and Prudential Corporation (holds 22.1 per cent) in 2001. It is the fourth-largest life insurer in India with a market share of 5.7 per cent as of FY21. As of December 2021, the company had an AUM of ₹2.5 lakh crore, making it the largest among the private life insurers and the fourth largest in terms of profits as of FY21.

HDFC Life

Denne historien er fra April 2022-utgaven av Wealth Insight.

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Denne historien er fra April 2022-utgaven av Wealth Insight.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.