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Nearly 200 years after its birth, India’s insurance industry is opening up to the stock market

Nearly 200 years after its birth, India’s insurance industry is opening up to the stock market

The 200-year-old Indian insurance industry is coming of age, finally, as a clutch of firms prepares to list on the country’s bourses. Out of the 24 life insurance, 31 general insurance, and two re-insurance companies in India, only one is listed on the stock exchanges. However, this year, a spate of initial public offerings (IPO)…