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Anand Rathi Report
Our view regarding the life-insurance sector in India is sanguine.
The sector is stamped by keen interest because of Covid-19, prudent regulations, improving persistency ratios and adequate solvency margins.
Life Insurance Corporation of India remains the market leader but private players' are gaining ground.
While the impact of Covid-19 claims is seen on the books, it is yet manageable.
We initiate coverage on the sector with a positive view.
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