Indian insurers gain on proposed GST exemption for health, life premiums

Sbi Life Insurance

21/08/2025 05:10

** Indian insurers climb between 1% and 3%

** Niva Bupa Health NIVA.NS leads gains with 3% rise, Star Health and Allied Insurance STAU.NS up 1.7%

** HDFC Life Insurance HDFL.NS advances 1%, SBI Life SBIL.NS and Go Digit General Insurance GODG.NS gain 1.5%

** A panel of state ministers proposes exempting GST on individual health, life insurance premiums

** Emkay Global says GST cuts would lower retail, health insurance prices for customers

** Notes insurers must pass benefits to customers, improving affordability and driving sector growth

** Says SBI Life in a relatively beneficial position on lower cost structure

 (Reporting by Kashish Tandon and Manvi Pant in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))