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Nirmal Bang Bets 'Buy' On These Two Market Leaders In General Insurance As It Initiates Coverage On The Sector
Given the long runway for growth and the sticky nature of business, Nirmal Bang remains positive on the sector as the inherent demand for motor/ health insurance remains intact.
25 Mar 2025, 11:16 AM IST 
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Market leaders delivering consistent growth across cycles, with a well entrenched distribution network and favorable cost profile are best positioned to capture the opportunity, says Nirmal Bang.
(Source: NDTV profit)
Market leaders delivering consistent growth across cycles, with a well entrenched distribution network and favorable cost profile are best positioned to capture the opportunity. The sector is in a transition phase with upcoming regulations (shift to 1/n guidelines, composite licenses, IFRS-17 implementation) resulting in suppressed valuation multiples.
