What the HDFC Life-Max Financial merger means for the insurance industry
The downturn in the economy depressed stock markets, which in turn severely impacted the unit-linked insurance plans (ULIPs) that invested heavily in equities.


- Jun 17, 2016,
- Updated Jun 17, 2016 7:04 PM IST

The downturn in the economy depressed stock markets, which in turn severely impacted the unit-linked insurance plans (ULIPs) that invested heavily in equities.
While the relaxation of FDI from 26 to 49 per cent came as a big shot in the arm, the sector itself is still facing growth challenges. In the past three years, DLF and ING exited the insurance business in India, while a couple of more are in the process of selling their stakes. Let's take a look what the first big merger means for the industry.
No business is without risk. The regulators, especially Insurance Regulatory Authority of India (IRDA), have to be on their toes to monitor large insurance companies by increasing the oversight. A big player has the potential to impact the industry as well as other group entities.
The downturn in the economy depressed stock markets, which in turn severely impacted the unit-linked insurance plans (ULIPs) that invested heavily in equities.
While the relaxation of FDI from 26 to 49 per cent came as a big shot in the arm, the sector itself is still facing growth challenges. In the past three years, DLF and ING exited the insurance business in India, while a couple of more are in the process of selling their stakes. Let's take a look what the first big merger means for the industry.
No business is without risk. The regulators, especially Insurance Regulatory Authority of India (IRDA), have to be on their toes to monitor large insurance companies by increasing the oversight. A big player has the potential to impact the industry as well as other group entities.