Nomura Initiates India Non-Life Insurance: Buys on Pure-Play Health, Neutral on Regulatory Overhangs

Nomura favors standalone health insurers Niva Bupa and Star Health for underpenetrated-market upside; rates ICICI Lombard and PB Fintech Neutral amid IRDAI regulatory uncertainty.

ndtv-profit-business · 6/29/2026, 6:47:54 AM · Ask about this →