LIC owns expensive properties in many major cities, including plots and commercial buildings, which it can sell
A large part of the company's income stems from single premium products which have low margins. Private companies in this sector are far more aggressi
LIC generates most of its new business through agents. This is evident, given that for public sector insurers like LIC, individual agents drove 96.14%
The government's disinvestment objective of Rs 1.75 lakh crore for 2021-22 will be dependent on LIC's listing (April-March).
The modification in the distribution ratio won’t significantly affect the policyholders.
Market experts believe the mega IPO is estimated to be around Rs 1 lakh crore.
Shares of the public sector lender traded almost flat at Rs 152.85 in the early deals on August 27, Friday.
The bank last month posted a nearly three-fold jump in its net profit at Rs 1,177 crore for the quarter ended June 30
LIC holds over 10% stake in big companies like Coal India, NTPC, ONGC, Adani Ports and Grasim Industries
LIC's Arogya Rakshak is a benefit health plan that offers lumpsum amount on the diagnosis of the specified illnesses