Insurance Amendment Bill: Stock Winners & Losers Revealed

• The Insurance Amendment Bill is expected to be tabled in the Lok Sabha.
• The bill may allow 100% FDI in the insurance sector, potentially increasing competition for incumbent health insurers.
• A provision facilitating mergers of insurance into non-insurance companies would positively impact Max Financial Services.
• The bill's exclusion of 'open architecture' is favorable for LIC and SBI Life, who heavily depend on individual agents.
• The absence of a 'composite insurance license' clause negatively affects HDFC Life, LIC, and Star Health's plans to enter new business areas.

Why It Matters: Upcoming insurance bill will reshape the sector, affecting company strategies and investments.