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ICICI Pru vs HDFC Life - Which life insurance stock should the investor bet on?

April 28, 2020 / 11:53 AM IST
ICICI Pru vs HDFC Life - Which life insurance stock should the investor bet on?

The fourth quarter of FY20 was most eventful for life insurance companies. First, the Union budget in February had tax proposals directly impacting the life insurance industry. Second, re-insurance rates were hiked for life insurance products. And last but not least, the biggest impact has of course been the outbreak of COVID-19 and subsequent nationwide lockdown. Two of these events—the budget proposals and COVID-19 put together--- have significant adverse impact on business, margins, return and solvency ratios of life insurance...

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