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Potential investors in India LIC’s giant IPO fret over govt control of insurer -sources

ReutersFebruary 22, 20220100 views

By Nupur Anand, Aftab Ahmed and Scott Murdoch MUMBAI – Prospective investors in Life Insurance Corp of India’s (LIC) $8 billion IPO are seeking assurances from company management that it…

Exclusive-India LIC’s embedded value set at over $66.8 billion, govt official says

ReutersFebruary 3, 20220137 views

By Aftab Ahmed and Manoj Kumar NEW DELHI -State-run Life Insurance Corporation of India’s (LIC) embedded value has been finalised at more than 5 trillion rupees ($66.82 billion), a government…