Market Indian insurance sector remains one of Asia’s better long-term growth stories, says Jefferies Updated : February 13, 2020 01:49 PM IST The Indian insurance sector remains one of Asia’s better long-term growth stories, said Chris Wood in his weekly GREED & fear note to investors. In September 2019, Wood had bought SBI Life Insurance and HDFC Life Insurance, which now account for 5 percent and 4 percent weight in the portfolio. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.