BS Insurance Round Table 2018: How insurers fared after going public

While listing on the bourses has improved visibility, low penetration and shift to financial savings will drive growth

Year 2017 was a noteworthy milestone in the journey of India’s insurance industry as five prominent companies hit the capital market to raise Rs 440 billion within a span of six months. Prior to that, only ICICI Prudential Life Insurance (I-Pru Life) had come out with its initial public offer (IPO) in September 2016. 

While insurance companies get more visibility and credibility after being listed, for the investing community it is the opening up of a new sector, which boasts of strong long-term prospects.
 

The market had been eagerly awaiting the listing of insurance companies as Warren Buffett, the world's best-known