Systematix sees life insurance sector to gain post-GST cut; check top picks - A2Z Taxcorp LLP

India’s life insurance industry offers a long-term growth opportunity, supported by low penetration, a large protection gap and favourable demographics, Systematix Institutional Equities said in a report. While penetration remains close to the global average, it is well below levels seen in developed markets, indicating significant headroom for expansion. The brokerage noted that recent policy sup…