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Listed Insurance Co. Possible???

This query is : Resolved 
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(Querist)
04 February 2009 Hello All,
Have you ever heard of any insurance co. in India which is listed on any stock exchange?

If answer is no, can you explain whether it is on account of any legal provision or any other reason?
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Rajesh Kumar

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Rajesh Kumar (Expert)
05 March 2009 They can be listed- no legal bar in listing. It is just that insurance business was state monopoly till very recently, and the private sector companies has not got themselves listed as they are not profit making and will not command good valuation in Stock Market.
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