5 Best Insurance Stocks In 2024

Published : 02 July 2024

Life Insurance Corporation of India

LIC, India's largest insurer, trades at ₹810 with an EPS of ₹86.6 and ROE of -16.2%, offering stability and long-term growth potential.

SBI Life

SBI Life, trading at ₹1500, is India's second-largest life insurer with an ROE of 13.6% and EPS of ₹18.9, backed by SBI's vast branch network.

HDFC Life

HDFC Life, trading at ₹600, offers diverse insurance products with a strong ROE of 11.4% and EPS of ₹7.32, backed by its alliance with Standard Life.

ICICI Prudential

ICICI Prudential, trading at ₹615, uses technology to enhance customer experience and efficiency, offering a wide range of insurance products with an ROE of 8.07% and EPS of ₹5.9.

Star Health

Star Health, trading at ₹574, is India's top health insurer with rapid growth, strong financials, and an ROE of 13.9% and EPS of ₹14.4, ideal for investment.