The LIC is the dominant life insurance provider in India with an estimated investment of $503 billion and a life fund of $470.70 billion. The Life Insurance Corporation (LIC) is gearing up for India’s...
Tag: LIC
LIC, India’s largest-ever IPO, will test foreign investor appetite
The LIC logo looms above a couple of passersby in Mumbai in India last week. The IPO of the biggest payer in life insurance in the country is expected to fetch $2.7 billion in the country’s bigg...
The LIC IPO plan requires India to change its FDI rules — Quartz India
India’s largest and oldest state-owned insurer, Life Insurance Corporation of India (LIC), is next in line to get listed on domestic stock exchanges, following a spree of Indian unicorns. The governme...