Long term Insurance Stocks

The table below shows the long term insurance stocks based on the Highest Market Capitalization.

What is Long term Insurance Stock?

Long-term insurance stock is a share of companies that provide long-term insurance products, such as life insurance, annuities, and long-term care insurance. Investors buy these stocks to potentially profit from the insurance company’s performance, which includes managing premiums, claims, and investments over extended periods.

Features of Long term Insurance Stocks

The main features of Long-term insurance stocks typically offer investors stability due to the nature of the insurance industry, which is less susceptible to short-term market fluctuations.

1. Consistent Dividend Payments: Many long-term insurance stocks provide regular dividends, making them attractive for income-focused investors.

2. Strong Capital Reserves: These companies usually maintain substantial capital reserves, ensuring they can meet policyholder claims and survive economic downturns.

3. Regulatory Oversight: The insurance industry is highly regulated, which helps protect investors and policyholders by ensuring companies maintain solvency and adhere to strict standards.

4. Diversified Revenue Streams: Insurance companies often have multiple lines of business (life, health, property, and casualty), which can reduce risk and enhance financial stability.

5. Growth Potential: Long-term insurance stocks can benefit from demographic trends, such as an aging population, which increases the demand for various insurance products.

Best Long term Insurance Stocks

The table below shows the best long term insurance stocks based on the highest day Volume.

Top Long term Insurance Stocks

The table below shows top long term insurance stocks based on the 6-month return. 

Long term Insurance Stocks List

The table below shows the long term insurance stocks list based on 1 Year Return. 

Factors To Consider When Investing in long term Insurance Stocks

The factors to consider when investing in long-term insurance stocks, it is crucial to evaluate the company’s financial stability, ensuring it can withstand economic downturns and meet its policyholder obligations.

1. Growth Potential: Look for companies with strong prospects for expansion and market penetration.

2. Regulatory Environment: Understand the impact of regulations on the insurance industry in the regions where the company operates.

3. Dividend Yield: Consider the consistency and growth of dividend payouts, as this can provide steady income.

4. Underwriting Performance: Evaluate the company’s ability to assess and price insurance risk effectively.

5. Technological Adoption: Assess how well the company integrates technology to improve efficiency and customer service.

How to Invest in Long term Insurance Stocks?

To invest in long-term insurance stocks, research financially stable insurance companies with a history of consistent performance. Open an account with a trusted stock broker, diversify your investments, and monitor industry trends. Seek advice from your stock broker to make informed decisions and optimize your investment strategy.

Advantages of investing in Long term Insurance Stocks?

Investing in long-term insurance stocks can offer several advantages that include the potential for steady growth and consistent dividends, making it an attractive option for investors seeking stability.

1. Dividend income: Many insurance companies pay regular dividends, providing a steady income stream.

2. Capital Appreciation: Over time, the value of insurance stocks can increase, leading to capital gains.

3. Economic Resilience: Insurance companies tend to be stable and resilient, even during economic downturns.

4. Inflation Hedge: Insurance premiums often rise with inflation, helping these companies maintain profitability.

5. Regulatory Stability: The insurance industry is heavily regulated, which can provide a level of security and predictability for investors.

Risks of Investing In Long term Insurance Stocks?

Investing in long-term insurance stocks carries risks such as market volatility, regulatory changes, interest rate fluctuations, competition, underwriting risks, and economic downturns.

1. Market Volatility: Insurance stocks can be highly sensitive to broader market fluctuations.

2. Regulatory Changes: Changes in insurance regulations can impact profitability and operations.

3. Interest Rate Fluctuations: Low interest rates can reduce investment income from premiums.

4. Competition: Intense competition can pressure profit margins and market share.

5. Underwriting Risks: Poor underwriting decisions can lead to significant financial losses.

Introduction to Long term Insurance Stocks

Life Insurance Corporation Of India

The Market Cap of the Life Insurance Corporation Of India is Rs. 642398.39 crore. The stock’s monthly return is 1.34%. Its one-year return is 63.61%. The stock is 16.11% away from its 52-week high.

Life Insurance Corporation of India is an India-based insurance company. The Company is engaged in the business of life insurance in and outside India. It offers a range of individual and group insurance solutions including participating, non-participating, and unit-linked lines of businesses. 

The portfolio comprises various insurance and investment products such as protection, pension, savings, investment, annuity, health, and variable. It has approximately 44 products, which include 33 individual products and 11 group products. Its insurance plans include Saral Jeevan Bima, Saral Pension, Arogya Rakshak, Dhan Rekha, Bima Jyoti, and others.

Bajaj Finserv Ltd

The Market Cap of Bajaj Finserv Ltd is Rs. 251746.80 crore. The stock’s monthly return is 0.10%. Its one-year return is -1.87%. The stock is 11.03% away from its 52-week high.

Bajaj Finserv Limited is a holding company for various financial services businesses. It is engaged in the business of promoting financial services such as finance, insurance, broking, investments, and others, including distribution using digital platforms through its investments in subsidiaries and joint ventures. It focuses on urban lending, two and three-wheeler lending, small and medium enterprise lending, rural lending, mortgages, loans against securities, and commercial lending. 

It serves various customers through its subsidiaries by providing financial products and services for asset acquisition through financing, asset protection through general insurance, family and income protection in the form of life and health insurance, and retirement and savings solutions.

SBI Life Insurance Company Ltd

The Market Cap of SBI Life Insurance Company Ltd is Rs 153,181.16 crores. The stock’s monthly return is 6.91%. Its one-year return is 17.64%. The stock is 3.15% away from its 52-week high.

SBI Life Insurance Company Limited is an India-based company, which offers life insurance. The Company operates through three segments: Participating, Non-Participating, and Linked segments. Its Participating segment includes Individual Life, Individual Pension, Group Pension, and Variable Insurance.  

Its Group Micro Insurance Plans include SBI Life- Grameen Super Suraksha. Its savings plans include SBI Life- Smart Future Choices, SBI Life- New Smart Samriddhi, SBI Life-Smart Bachat, and SBI Life – Smart Platina Assure.

HDFC Life Insurance Company Ltd

The Market Cap of HDFC Life Insurance Company Ltd is Rs. 130639.73 crore. The stock’s monthly return is 7.50%. Its one-year return is -7.06%. The stock is 14.41% away from its 52-week high.

HDFC Life Insurance Company Ltd is an India-based life insurance company. The Company provides a range of individual and group insurance solutions across India. The portfolio comprises of various insurance and investment products such as protection, pension, savings, investment, annuity, and health. The Company offers long-term savings, protection, and retirement or pension products. 

The Company operates in three segments: Participating (Par) segment products include endowment, savings cum protection, and pension plans; non-participating (Non-Par) segment products include term protection, savings cum protection, immediate and deferred annuity and health plans under Individual business and credit life, term life, fund based pension, group variable plans under Group business; and unit-linked (UL) product includes Unit Linked Life and fund-based Pension plans under Individual and Group businesses. Exide Life Insurance Company Ltd is a subsidiary of the Company.

ICICI Prudential Life Insurance Company Ltd

The Market Cap of ICICI Prudential Life Insurance Company Ltd is Rs. 92,714.43 crore. The stock’s monthly return is 13.06%. Its one-year return is 7.39%. The stock is 0.92% away from its 52-week high.

ICICI Prudential Life Insurance Company Limited is engaged in carrying on the business of providing life insurance, pensions, and health insurance products to individuals and groups. Its non-linked insurance savings plans include ICICI Guaranteed Income for Tomorrow, ICICI Pru Lakshya, ICICI Pru Future Perfect, ICICI Pru Cash Advantage, ICICI Pru Anmol Bachat and ICICI Pru Savings Suraksha.

 Its protection plans include ICICI Pru iProtect Smart, ICICI Pru Heart/Cancer Protect, and ICICI Pru Precious Life. Its Unit-Linked Insurance Plans include ICICI Pru Signature, ICICI Pru LifeTime Classic, ICICI Pru Smart Life, and ICICI Pru1 Wealth. It also offers group term plans, such as ICICI Pru Group Term Plus and ICICI Pru Super Protect-Credit.

ICICI Lombard General Insurance Company Ltd

The Market Cap of ICICI Lombard General Insurance Company Ltd is Rs. 91,988.37 crores. The stock’s monthly return is 12.72%. Its one-year return is 37.38%. The stock is 1.77% away from its 52-week high.

ICICI Lombard General Insurance Company Limited is an India-based general insurance company. The Company offers insurance coverage for motor, health, travel, home, student travel, and more. Its segments include Fire, Engineering, Marine Cargo, Marine Hull, Motor OD, Motor TP, Workmen Compensation, Public/Product Liability, Personal Accident, Aviation, Health, Credit Insurance, Crop/Weather Insurance, and Others. 

It offers various products, such as motor insurance, car insurance, two-wheeler insurance, health insurance, ICICI Lombard complete health insurance, health booster, personal accident insurance, international travel insurance, home insurance, marine insurance, business insurance, rural insurance, cyber insurance, third party insurance, and crop insurance.  

General Insurance Corporation of India

The Market Cap of General Insurance Corporation of India is Rs 70,632.14 crore. The stock’s monthly return is 10.24%. Its one-year return is 119.66%. The stock is 11.97% away from its 52-week high.

General Insurance Corporation of India is an India-based global reinsurance solutions provider. The Company is engaged in the activities of assuming all or part of the risk associated with existing insurance policies originally underwritten by other insurance carriers. The Company is engaged in domestic and international business. In the domestic business, the Company provides reinsurance to the direct general insurance companies in the Indian market. It provides various classes of business, such as fire, motor, aviation, engineering, health, agriculture, marine hull, marine cargo, and life, among others. 

The Company’s health portfolio comprises mostly obligatory cessions and domestic proportional business, some selective COVID-19 treaties and government mass schemes, besides business written by the foreign branches. The Company provides support to Indian life insurance companies through both treaty and facultative reinsurance.

New India Assurance Company Ltd

The Market Cap of New India Assurance Company Ltd is Rs. 45,128.83 crores. The stock’s monthly return is 21.85%. Its one-year return is 129.49%. The stock is 17.86% away from its 52-week high.

The New India Assurance Company Limited is an India-based multinational general insurance company. Its insurance products include Fire, Marine, Motor, Health, Liability, Aviation, Engineering, Crop, Other Miscellaneous, and others. Its Marine insurance products include Port Package Policy, Sellers’ Interest Insurance, Ship Breaking Insurance, Specific Voyage, Tea Crop Insurance, Voyage Insurance, and others. Its Indian operations span across all territories through about 2214 offices.

 It operates in about 26 countries through direct branches, agency operations, subsidiary companies, and associates. Its subsidiaries include The New India Assurance Co. (T & T) Ltd., and The New India Assurance Co. (S.L.) Ltd., and Prestige Assurance Plc.

Max Financial Services Ltd

The Market Cap of Max Financial Services Ltd is Rs. 34,376.88 crores. The stock’s monthly return is 6.05%. Its one-year return is 22.60%. The stock is 10.05% away from its 52-week high.

Max Financial Services Limited is an India-based company, which operates as a holding company for Max Life Insurance Company Limited. The Company is engaged in the business of investments and providing management advisory services. 

The Company’s main segments include Life Insurance and Business Investments. The company’s investor base includes global financial institutions such as KKR, Baron, Ward Ferry, New York Life, Vanguard, Blackrock, Jupiter, Norges, Neuberger Burman, Eastspring, and Dimension.

Star Health and Allied Insurance Company Ltd

The Market Cap of Star Health and Allied Insurance Company Ltd is Rs. 34,262.49 crore. The stock’s monthly return is 16.04%. Its one-year return is -6.03%. The stock is 16.26% away from its 52-week high.

Star Health and Allied Insurance Company Ltd is an India-based health insurance service. The Company provides services in health, personal accident, and overseas travel insurance. Its product categories include health insurance, accident insurance, and travel insurance. 

The Company’s products include Star Travel Protect Insurance Policy, Star Student Travel Protect Insurance Policy, Accident Trauma Care Insurance Policy (Individual), Star Net Plus, Classic Group Health Insurance, and Star Cardiac Care Insurance Policy.

Long term Insurance Stocks – FAQs

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.