Insurance Industry — Sector Outlook & Stocks

The Insurance industry on FinBizNet covers 16 listed companies, with broker-view summaries, sub-industry segmentation, latest quarterly results and peer comparisons for each constituent.

Insurance industry at a glance

Listed companies16
Combined market cap₹11,62,921 Cr
Median P/E (profitable companies)45.4
Median return on equity9.1%
Companies with latest quarterly results15 of 16

Companies in the Insurance industry

CompanyMarket CapP/EROEQuarterly RevenueQuarterly Net ProfitQuarter
Life Insurance Company (LIC)₹4,81,902 Cr7.842.4%—₹13,584 CrQ1 FY27
SBI Life Insurance₹1,64,906 Cr66.813.7%—₹725 CrQ1 FY27
HDFC Life Insurance Ltd₹1,12,751 Cr58.611.3%—₹522 CrQ2 FY27
ICICI Lombard General Insurance Company Limited (ICICIGI)₹78,939 Cr28.617.9%—₹946 CrQ2 FY27
ICICI Prudential Life Insurance Company Ltd₹59,987 Cr37.412.6%—₹374 CrQ2 FY27
General Insurance Corporation Of India (Gicre)₹56,807 Cr5.98.5%—₹1,744 CrQ1 FY27
PB Fintech Limited (Policybazaar)₹47,334 Cr70.79.7%₹1,888 Cr₹165 CrQ1 FY27
Max Financial Services Limited (MFSL)₹42,572 Cr513.51.6%₹14,970 Cr₹118 CrQ1 FY27
Star Health And Allied Insurance Company Limited₹31,671 Cr56.86.7%—₹111 CrQ4 FY26
The New India Assurance Company₹26,599 Cr18.83.4%—₹-244 CrQ1 FY27
Go Digit General Insurance Ltd₹24,703 Cr45.4——₹86 CrQ1 FY27
Niva Bupa₹13,110 Cr35.810.7%—₹345 CrQ4 FY26
Canara HSBC Life Insurance Company Ltd₹11,581 Cr91.78.1%—₹43 CrQ2 FY27
Religare Enterprises Ltd.₹7,744 Cr80.92.0%₹2,353 Cr₹-47 CrQ1 FY27
Turtlemint Fintech Solutions Limited₹1,583 Cr—-60.4%₹294 Cr₹-38 CrQ1 FY27
IIRM HOLDINGS INDIA LIMITED₹732 Cr29.3————

Market data from the FinBizNet stock universe; quarterly figures in ₹ crore, parsed from each company's exchange filing (XBRL).

Sub-industries within Insurance

Frequently Asked Questions

Which stocks are in the Insurance industry?

FinBizNet tracks 16 listed companies in the Insurance industry, including Life Insurance Company (LIC), SBI Life Insurance, HDFC Life Insurance Ltd, ICICI Lombard General Insurance Company Limited (ICICIGI), ICICI Prudential Life Insurance Company Ltd, General Insurance Corporation Of India (Gicre), PB Fintech Limited (Policybazaar), Max Financial Services Limited (MFSL), among others.

What are the largest Insurance companies by market capitalisation?

By market capitalisation, the largest Insurance companies are Life Insurance Company (LIC) (₹4,81,902 Cr), SBI Life Insurance (₹1,64,906 Cr), HDFC Life Insurance Ltd (₹1,12,751 Cr), ICICI Lombard General Insurance Company Limited (ICICIGI) (₹78,939 Cr), ICICI Prudential Life Insurance Company Ltd (₹59,987 Cr).

What is the combined market capitalisation of the Insurance industry?

The 16 Insurance companies tracked on FinBizNet have a combined market capitalisation of about ₹11,62,921 Cr.

What is the median P/E ratio in the Insurance industry?

The median price-to-earnings ratio across 15 profitable Insurance companies is 45.4, and the median return on equity across the industry is 9.1%. Medians are shown for context only.

What does FinBizNet cover for the Insurance industry?

FinBizNet aggregates broker research, sub-industry breakdowns, quarterly results and peer-stock comparisons across the Insurance industry.