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    LIC stock in focus as anchor book lock-in ends today

    LIC stock in focus as anchor book lock-in ends today

    In TheSPOT LIGHT

    LIC debut today: Faith of millions of small investors put to test

    LIC debut today: Faith of millions of small investors put to test

    Headquartered in Mumbai, LIC is a household name in India, with 2,000 branches, more than 100,000 employees and 286 million policies. The 65-year-old firm has almost $500 billion in assets, 250 million policy holders and makes up almost two-thirds of the market.

    INSURANCE BEAT

    LIC IPO-related reports claiming massive COVID-19 deaths in 2021 speculative: Government

    LIC IPO-related reports claiming massive COVID-19 deaths in 2021 speculative: Government

    The Health Ministry said that India has a very transparent and efficient system of reporting COVID-19 deaths, right from the gram panchayat level to the district and the state level.

    [ [

    • Rs 36.7
      Trillion AUM
      Largest asset manager
    • 2020
      In Union Budget
      Decision to make LIC public was first indicated by the government
    • $463 Bn
      LIC’s Assets Exceeds
      GDP of several economies
    • Rs 1 tril
      Size Of The IPO
      Is expected and it could be raised in tranches
    • 18%
      Of India’s GDP For FY21
      Equal to AUM on standalone basis
    • 65 Yr
      Over In India
      Been providing life insurance
    • Rs 15 tril
      LIC Is Expected
      To be valued at roughly
    AUM:Assets Under Management
    GWP:Gross Written Premium
    NBP:New Business Premium

    yoursay

    submit
    Community Sentiments

    submit
    Community Sentiments

    quick bites qb

    LIC - The Brand

    • 3rd
      Strongest
      & 10th most valuable global insurance brand in 2021
    • $8.6 bil
      Brand value
      with a brand value index strength of 84.1
    qb

    Projectionsprojections

    18%
    CAGR from FY21 – FY26
    NBP of Indian life insurance expected to grow
    60+
    Elderly population
    to increase from 116.8 mil in 2015 to 316.8 mil by 2050

    Market ShareMarket Share

    66.2%
    New Business Premium
    64.1%
    Gross Return Premium
    74.13%
    Health Insurance of new policies (FY 21)
    69.89%
    Annuity Products
    74.13%
    Health Insurance of new policies (FY 21)
    69.89%
    Annuity Products
    69.89%
    Annuity Products
    69.89%
    Annuity Products
    13,43,587
    Individual Agents

    DistributionNetwork

    Satellite Offices In India
    1,554
    Satellite Offices In India
    2,048
    Branch Offices
    As of Sep 30, 2021
    2,395
    Offices In Tier 3 & 4 Centres
    3,463
    Micro Insurance Agents

    vide s

    Morning Trade | Why LIC IPO opening today is priced at a discount

    Morning Trade | Why LIC IPO opening today is priced at a discount
    Morning Trade | Why LIC IPO opening today is priced at a discount
    How can policyholders apply for the LIC public issue?
    How can policyholders apply for the LIC public issue?
    How can policyholders apply for the LIC public issue?
    Lessons to learn from Paytm, Zomato & other IPOs before applying for LIC’s shares
    Lessons to learn from Paytm, Zomato & other IPOs before applying for LIC’s shares
    Lessons to learn from Paytm, Zomato & other IPOs before applying for LIC’s shares
    Markets with Santo & CJ | Will LIC IPO be a success and bring focus to Adani Wilmar, Star Health, others
    Markets with Santo & CJ | Will LIC IPO be a success and bring focus to Adani Wilmar, Star Health, others
    Markets with Santo & CJ | Will LIC IPO be a success and bring focus to Adani Wilmar, Star Health, others

    More News

    Life insurers’ new business premiums rise 14.8% in September, led by private players

    Life insurers’ new business premiums rise 14.8% in September, led by private players

    On a year-to-date basis, LIC’s collections rose 4.7 percent to Rs 1,21,008 crore, from Rs 1,15,550 crore in the first half of FY25.
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