🛡️ India’s Insurance Sector – May 2025 Update

📆 Feb 1, 2025 – Union Budget proposes raising FDI cap to 100% in insurance (01-Feb-2025) 📆 Apr 2025 – Swiss Re forecasts 5% growth in life and 7.3% in non-life premiums for India (Swiss Re, Apr 2025) 📉 As of May 2025 – Insurance penetration is 3.7% of GDP, vs global avg of ~7% 📲 Digital surge via players like Policybazaar, Digit, and Acko 🏥 Health insurance continues to grow, backed by Ayushman Bharat & PMJAY 📊 Stocks to watch: HDFC Life, SBI Life, ICICI Lombard 💡 Low penetration, high growth – a sector to watch this decade.